Commodity prices continue to struggle on weak demand

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Worries over the global economy are continuing to take their toll on the prices of commodities.

Lower growth forecasts from the US Federal Reserve last week, the absence of any clear solution or direction in the eurozone and the slowdown in China have all contributed to the fall in demand for metals and oil.

The price of Brent Crude has fallen by 30% from its peak in March this year.

Tony Regan, principal consultant from the energy consultancy Tri-Zen, says that at the moment some of the geopolitical risks have also abated.

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