PDSnet Glossary

Term

Categories

Introductory Technical Fundamental Economics Opinion Sectors International Regulatory Other Markets

Versions

Name	synonyms = 1, variations = 2, abbreviations = 3

Publish: (0 = no, 1 = yes)

Definition

Commodity prices tend to move in cycles lasting several years. For example, the aluminium price bottomed at $1100 a ton in late 1993 and peaked at $2000 a ton in early 1995, before declining slowly. Commodity cycles are dictated by world demand and global economic growth rates. They are critical in evaluating the earnings potential of commodity-based companies listed on the JSE.

Edit Glossary Term