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Trade woes to continue to weigh on prices

Concerns about a possible downturn in demand are expected to remain a factor weighing on most commodity prices in the coming months. There are now clear signs that China’s economy has entered a softer patch and the rise in global protectionism could lead to markedly lower global trade volumes and commodities demand, at least in the near term. Further ahead, the prospect of slower US growth in 2019 represents an additional headwind for commodity prices.

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