Profit

Commodity futures ban likely to soften prices

PUBLISHED ON: May 8, 2008 | Duration: 2 min, 53 sec

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Commodity traders may be seeing red, but halting trade in some commodities by commodity markets regulator, Forward Markets Commission (FMC) is getting a green signal from consumers. A day after FMC announced its decision, there are already indications that prices could be cooling off and it could soften further.
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