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Commodity Market Outlook, May 2014

According to the World Bank, the key commodity price indices were broadly stable dur­ing 2014 Q1. Among the commodity market, metal prices have continued the weak trend. And, Energy prices and Agriculture prices have continued their stable trend. As Mongolia relied heavily on Metal especially on copper and coal, the decline of the market has affected a lot. While on the other hand, as Mongolia is increasing the production of oil and wheat, the stable prices of these commodities will be beneficial to Mongolia.

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