According to the Netherlands cooperative bank of agricultural commodities market research department of the expected, agricultural commodity price shocks will continue until 2013. After 2012 years of low price, China's import and biofuels will promote the demand of palm oil, palm oil prices in the 2013 annual meeting has the strongest performance.
The report pointed out that due to supply crunch bring pressure, corn, wheat and soy products is expected to price in the first quarter of 2013 will have rise. Analysts pointed out that, considering that the United States and South America in the 2011-2012 crop yield is not ideal, the current consumption - especially corn, wheat and soy consumption growth too fast. The price increase will cause the planting area of ascension. Predicts the second half of 2013, with the yield of rebound, the price will drop. However, the United States of persistent drought for these crop production and price still form risk.
In addition, analysts expect, palm oil price in the first quarter of 2013 will be increased, because the stock has been from the historical highest level down. In the second half, with palm oil and soybean yield picks up, the price will fell. In the next 12 months, the price of sugar is expected to decline, as global sucrose supply reached 5.9 million tons of net surplus.
The Netherlands cooperative bank of agricultural commodities market research director of the department that Luke Chandler, the global economy of sluggish growth and macro sustained economic uncertainty, may lead to produce 2013 [4.67 3.55% guba research report] demand appear delay; However, lower the value of the dollar will provide some support for the price. In 2013 is expected to agricultural commodities prices fell about 10%.
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