“Global demand for raw materials will shoot higher in the next 20 years thanks to rising consumption from emerging nations like China and India, according to a report from Swiss banking company UBS. The bank emphasized the ‘enormous’ appetites of China and India, the two most densely populated countries on the planet, where ‘economic growth … has far outpaced growth in developed countries during the past 15 years.’”

The question remains how closely commodities prices corolate with real demand verse investment speculation. However, an inflationary monetary environment will surely push prices higher for decades to come.

From IndustryWeek