Comment on Only one commodity has escaped the total collapse in prices

Only one commodity has escaped the total collapse in prices

Of all the commodities, only uranium has shown real growth over the last 12 months, according to a Macquarie analyst note. The price of uranium, used as fuel in nuclear power plants, increased 28% in the past 12 months. Pretty much everything else, apart from alumina, has collapsed thanks to shrinking demand.

 

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