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    Highlights • The TDCI in U.S. dollars rose 3.3% last week, driven largely by gains in energy prices. Precious and base metals prices also offered support, while agricultural and forest product prices provided some offset. In Canadian dollar terms, the index was up by a more modest 1.2%. • Crude oil prices shot up 7% last week, hitting a 4-month high of US$54 per barrel on Thursday. The rally came on the back of increased optimism of a global recovery and some bullish data suggesting that fuel consumption rose during the week prior. However, crude oil fundamentals do not support a price in the mid-$50’s, and this morning, prices have fallen back below US$51 per barrel as renewed economic concerns filtered into the market. • Natural gas prices also found support from economic optimism, advancing by 2.5%. However, this increase masks the downtrend seen throughout the week as a bearish U.S storage report and a gloomy economic outlook dominated the markets. • Reports indicating a jump in Chinese imports triggered a surge copper and zinc prices early in the week. And despite some renewed recession concerns weighing on these markets as the week progressed, both metals ended the week up, with a 4.2% rise in copper prices outshining the 3.4% increase in zinc prices. • Precious metals prices also gained last week, as the U.S. dollar slumped against the euro, boosting demand for bullion an alternative investment. Silver outperformed its yellow counterpart, with prices rising 4.5% on the week, as investors sought a cheaper alternative to gold. • Wheat prices slid 3.1% last week, as forecasts for rain in the dry U.S. Plains and signs of weaker demand put downward pressure on the market. Wheat prices, although down nearly 50% from year-ago levels, are still above historical averages.

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    Highlights • The TDCI in U.S. dollars rose 3.3% last week, driven largely by gains in energy prices. Precious and base metals prices also offered support, while agricultural and forest product prices provided some offset. In Canadian dollar terms, the index was up by a more modest 1.2%. • Crude oil prices shot up 7% last week, hitting a 4-month high of US$54 per barrel on Thursday. The rally came on the back of increased optimism of a global recovery and some bullish data suggesting that fuel consumption rose during the week prior. However, crude oil fundamentals do not support a price in the mid-$50’s, and this morning, prices have fallen back below US$51 per barrel as renewed economic concerns filtered into the market. • Natural gas prices also found support from economic optimism, advancing by 2.5%. However, this increase masks the downtrend seen throughout the week as a bearish U.S storage report and a gloomy economic outlook dominated the markets. • Reports indicating a jump in Chinese imports triggered a surge copper and zinc prices early in the week. And despite some renewed recession concerns weighing on these markets as the week progressed, both metals ended the week up, with a 4.2% rise in copper prices outshining the 3.4% increase in zinc prices. • Precious metals prices also gained last week, as the U.S. dollar slumped against the euro, boosting demand for bullion an alternative investment. Silver outperformed its yellow counterpart, with prices rising 4.5% on the week, as investors sought a cheaper alternative to gold. • Wheat prices slid 3.1% last week, as forecasts for rain in the dry U.S. Plains and signs of weaker demand put downward pressure on the market. Wheat prices, although down nearly 50% from year-ago levels, are still above historical averages.

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    72 views6 pages

    Weekly Commodity Price Report

    Uploaded by

    International Business Times
    Highlights • The TDCI in U.S. dollars rose 3.3% last week, driven largely by gains in energy prices. Precious and base metals prices also offered support, while agricultural and forest product prices provided some offset. In Canadian dollar terms, the index was up by a more modest 1.2%. • Crude oil prices shot up 7% last week, hitting a 4-month high of US$54 per barrel on Thursday. The rally came on the back of increased optimism of a global recovery and some bullish data suggesting that fuel consumption rose during the week prior. However, crude oil fundamentals do not support a price in the mid-$50’s, and this morning, prices have fallen back below US$51 per barrel as renewed economic concerns filtered into the market. • Natural gas prices also found support from economic optimism, advancing by 2.5%. However, this increase masks the downtrend seen throughout the week as a bearish U.S storage report and a gloomy economic outlook dominated the markets. • Reports indicating a jump in Chinese imports triggered a surge copper and zinc prices early in the week. And despite some renewed recession concerns weighing on these markets as the week progressed, both metals ended the week up, with a 4.2% rise in copper prices outshining the 3.4% increase in zinc prices. • Precious metals prices also gained last week, as the U.S. dollar slumped against the euro, boosting demand for bullion an alternative investment. Silver outperformed its yellow counterpart, with prices rising 4.5% on the week, as investors sought a cheaper alternative to gold. • Wheat prices slid 3.1% last week, as forecasts for rain in the dry U.S. Plains and signs of weaker demand put downward pressure on the market. Wheat prices, although down nearly 50% from year-ago levels, are still above historical averages.

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    of 6

    www.td.

    com/economics

    TD Economics
    Weekly Commodity Price Report
    March 30, 2009

    HIGHLIGHTS
    • The TDCI in U.S. dollars rose 3.3% last week, driven • Reports indicating a jump in Chinese imports triggered
    largely by gains in energy prices. Precious and base a surge copper and zinc prices early in the week. And
    metals prices also offered support, while agricultural despite some renewed recession concerns weighing
    and forest product prices provided some offset. In on these markets as the week progressed, both metals
    Canadian dollar terms, the index was up by a more ended the week up, with a 4.2% rise in copper prices
    modest 1.2%. outshining the 3.4% increase in zinc prices.
    • Crude oil prices shot up 7% last week, hitting a 4- • Precious metals prices also gained last week, as the
    month high of US$54 per barrel on Thursday. The U.S. dollar slumped against the euro, boosting demand
    rally came on the back of increased optimism of a for bullion an alternative investment. Silver outper-
    global recovery and some bullish data suggesting that formed its yellow counterpart, with prices rising 4.5%
    fuel consumption rose during the week prior. How- on the week, as investors sought a cheaper alternative
    ever, crude oil fundamentals do not support a price to gold.
    in the mid-$50’s, and this morning, prices have fallen • Wheat prices slid 3.1% last week, as forecasts for rain
    back below US$51 per barrel as renewed economic in the dry U.S. Plains and signs of weaker demand
    concerns filtered into the market. put downward pressure on the market. Wheat prices,
    • Natural gas prices also found support from economic although down nearly 50% from year-ago levels, are
    optimism, advancing by 2.5%. However, this increase still above historical averages.
    masks the downtrend seen throughout the week as a
    bearish U.S storage report and a gloomy economic
    outlook dominated the markets. Dina Cover 416-982-2555

    SUMMARY FOR WEEK ENDING FRIDAY, MARCH 27th


    LATEST WK PRIOR WK % CHG. 1-WK % CHG. 4-WKS % CHG. 52-WKS 52-WK HIGH 52-WK-LOW
    TDCI US$ Index (1997=100) 167.3 157.5 3.3 6.6 -47.8 405.5 154.0
    US$ Sub-Indices
    Forest Products 86.4 86.5 -0.2 -3.6 -11.9 109.0 86.4
    Energy 203.0 193.0 5.2 10.6 -52.9 602.7 177.3
    Non-Prec. Metals & Minerals 137.4 136.1 1.0 5.5 -55.5 308.0 130.3
    Precious Metals 281.4 278.7 1.0 -3.3 -3.8 303.5 219.1
    Agricultural Products 135.1 136.8 -1.3 2.5 -36.7 211.7 131.8
    Biggest Movers this Week (per cent)
    Ĺ Crude Oil 53.09 49.46 7.3 27.0 -49.1 142.5 32.4
    Ĺ Silver 13.59 13.00 4.5 -1.0 -23.7 18.8 9.5
    Ĺ Copper 179.89 172.60 4.2 19.6 -52.6 398.1 128.9
    Ĺ Barley 135.50 130.29 4.0 8.2 -37.6 255.9 121.9
    Ĺ Zinc 57.19 55.30 3.4 15.7 -45.3 105.1 48.2
    Ļ Hogs 60.89 62.47 -2.5 4.4 6.5 86.4 54.7
    Ļ Nickel 4.37 4.49 -2.5 -0.6 -67.8 13.2 4.2
    Ļ Wheat 304.72 314.53 -3.1 0.2 -47.5 571.3 301.1

    Weekly Commodity Price Report  March 30, 2009


    www.td.com/economics

    TD COMMODITY PRICE INDEX (TDCI) TDCI - ENERGY


    Index, 1997=100 Index, 1997=100
    430 700

    380 600
    Overall TDCI
    330
    500
    280
    400
    230
    300
    180
    TDCI Ex. Energy
    200
    130

    80 100
    Apr-08 Jun-08 Sep-08 Dec-08 Mar-09 Apr-08 Jun-08 Sep-08 Dec-08 Mar-09

    Last week plotted: Mar 27, 2008. Source: TD Economics. Last week plotted: Mar 27, 2008. Source: GlobalCoal, WSJ / Haver Analytics.

    TDCI- NON-PRECIOUS METALS & MINERALS TDCI - PRECIOUS METALS


    Index, 1997=100 Index, 1997=100
    350 350

    300 300

    250 250

    200 200

    150 150

    100 100
    Apr-08 Jun-08 Sep-08 Dec-08 Mar-09 Apr-08 Jun-08 Sep-08 Dec-08 Mar-09

    Last week plotted: Mar 27, 2008. Source: FT / Haver Analytics, Ux Weekly. Last week plotted: Mar 27, 2008. Source: WSJ / Haver Analytics.

    TDCI - FOREST PRODUCTS TDCI - AGRICULTURAL PRODUCTS


    Index, 1997=100 Index, 1997=100
    110 300
    280

    105 260
    240

    100 220
    200

    95 180
    160

    90 140
    120

    85 100
    Apr-08 Jun-08 Sep-08 Dec-08 Mar-09 Apr-08 Jun-08 Sep-08 Dec-08 Mar-09

    Last week plotted: Mar 27, 2008. Source: Random Lengths, Pulp & Paper Weekly. Last week plotted: Mar 27, 2008. Source: WCE, WSJ / Haver Analytics.

    Weekly Commodity Price Report  March 30, 2009


    www.td.com/economics

    TD COMMODITY PRICE INDICES (TDCI)


    US$ SUB-INDICES C$ SUB-INDICES
    TDCI- TDCI-
    US$ NON- C$ NON-
    TDCI- INDEX FOREST PREC- PREC AGRI. TDCI- INDEX FOREST PREC- PREC AGRI.
    US$ ex- PROD- IOUS METALS PROD- C$ ex- PROD- IOUS METALS PROD-
    1997=100 INDEX energy UCTS ENERGY METALS & MIN. UCTS INDEX energy UCTS ENERGY METALS & MIN. UCTS C$/ US$
    ANNUAL AVG
    2003 140.8 92.9 83.8 184.4 108.6 98.2 99.2 197.6 130.4 117.6 258.7 152.4 137.7 139.2 1.40
    2004 168.6 114.2 100.4 218.0 125.1 135.1 105.2 219.3 148.5 130.6 283.6 162.8 175.8 136.8 1.30
    2005 222.9 123.2 102.1 313.4 136.2 158.3 105.6 270.0 149.3 123.6 379.6 164.9 191.8 127.9 1.21
    2006 227.3 158.9 101.8 289.4 188.4 255.6 110.6 257.7 180.2 115.5 328.2 213.7 289.9 125.5 1.13
    2007 252.1 189.9 98.0 308.6 217.3 337.8 141.2 270.0 204.2 105.3 329.7 232.4 364.1 150.4 1.07
    2008 274.0 166.9 99.7 371.3 269.1 228.3 174.4 293.8 180.7 109.3 396.5 294.9 244.2 188.7 1.10
    YTD 2009 164.5 129.3 90.0 196.6 271.8 137.8 137.8 204.5 160.8 112.0 244.2 338.2 171.2 171.3 1.24

    WEEKLY AVG
    07-Nov-08 217.3 137.5 100.8 289.9 222.6 162.4 140.7 254.7 161.1 118.1 339.8 260.9 190.4 165.0 1.17
    14-Nov-08 209.0 135.6 100.5 275.6 219.1 157.4 141.6 254.6 165.2 122.5 335.8 266.9 191.7 172.5 1.22
    21-Nov-08 200.6 134.1 100.8 261.0 222.8 153.5 136.5 250.8 167.7 126.0 326.4 278.6 191.9 170.7 1.25
    28-Nov-08 201.1 136.0 99.9 260.3 243.0 154.2 137.5 247.4 167.3 122.9 320.2 299.0 189.7 169.1 1.23
    05-Dec-08 188.1 130.7 99.1 240.2 228.2 145.1 133.3 236.6 164.4 124.6 302.1 286.9 182.5 167.6 1.26
    12-Dec-08 178.4 129.3 97.0 223.1 237.5 140.2 134.0 222.6 161.3 121.0 278.2 296.2 174.9 167.2 1.25
    19-Dec-08 172.6 129.8 95.5 211.5 251.7 137.0 139.6 210.2 158.1 116.3 257.5 306.4 166.8 170.0 1.22
    26-Dec-08 162.2 130.8 95.1 190.6 256.0 138.0 142.5 197.3 159.2 115.7 232.0 311.5 168.0 173.4 1.22
    02-Jan-09 176.8 132.0 94.4 217.5 260.3 141.3 142.9 215.3 160.7 114.9 264.9 317.0 172.1 174.0 1.22
    09-Jan-09 182.6 134.7 93.7 226.1 253.6 151.7 146.1 217.0 160.1 111.3 268.6 301.3 180.2 173.6 1.19
    16-Jan-09 166.6 129.6 92.6 200.2 245.7 141.6 140.7 206.1 160.3 114.6 247.7 304.0 175.2 174.0 1.24
    23-Jan-09 166.3 129.5 91.7 199.7 255.4 139.5 140.7 209.6 163.2 115.6 251.7 322.0 175.9 177.3 1.26
    30-Jan-09 166.2 130.1 91.2 199.0 270.2 137.8 140.8 203.3 159.1 111.5 243.4 330.4 168.5 172.2 1.22
    06-Feb-09 164.9 130.6 89.7 196.0 273.6 140.6 140.3 203.5 161.1 110.7 241.9 337.6 173.6 173.2 1.23
    13-Feb-09 159.3 130.3 89.9 185.7 278.5 138.6 138.7 197.1 161.2 111.3 229.7 344.5 171.5 171.5 1.24
    20-Feb-09 154.0 128.3 89.8 177.3 292.5 131.6 132.0 193.6 161.3 112.9 222.9 367.7 165.4 166.0 1.26
    27-Feb-09 157.0 127.7 89.6 183.6 291.0 130.3 131.8 196.8 160.1 112.3 230.2 364.9 163.4 165.2 1.25
    06-Mar-09 158.7 126.2 87.8 188.3 277.0 131.9 132.6 204.2 162.3 113.0 242.2 356.5 169.7 170.6 1.29
    13-Mar-09 157.5 126.1 87.4 185.9 275.3 132.5 133.5 202.4 162.1 112.3 239.0 353.9 170.2 171.6 1.29
    20-Mar-09 161.9 127.7 86.5 193.0 278.7 136.1 136.8 203.6 160.6 108.8 242.6 350.3 171.1 172.0 1.26
    27-Mar-09 167.3 128.1 86.4 203.0 281.4 137.4 135.1 206.0 157.6 106.3 249.9 346.3 169.2 166.3 1.23

    Latest week, % chg. from


    Week ago 3.3 0.3 -0.2 5.2 1.0 1.0 -1.3 1.2 -1.8 -2.3 3.0 -1.1 -1.1 -3.3 -2.1
    4 weeks ago 6.6 0.3 -3.6 10.6 -3.3 5.5 2.5 4.6 -1.5 -5.3 8.5 -5.1 3.5 0.6 -1.8
    52 weeks ago -47.8 -35.7 -11.9 -52.9 -3.8 -55.5 -36.7 -36.9 -22.2 6.5 -43.0 16.4 -46.1 -23.5 21.0
    % Chg. YTD -46.0 -34.3 -8.0 -51.2 -5.5 -53.9 -37.6 -33.1 -18.6 14.0 -39.6 17.2 -42.9 -22.6 23.9
    52-week low 154.0 126.1 86.4 177.3 219.1 130.3 131.8 193.6 157.6 95.9 222.9 248.7 163.4 162.4 0.98
    52-week high 405.5 198.8 109.0 602.7 303.5 308.0 211.7 413.0 208.2 126.7 613.9 367.7 325.7 260.6 1.29
    FORECAST
    Annual 2009 166.4 125.3 94.2 203.7 232.5 138.6 122.2 206.7 155.7 117.1 253.0 288.8 172.2 151.8 1.24
    Annual 2010 219.7 141.5 100.8 290.6 224.8 177.0 136.4 249.5 160.8 114.5 330.1 255.5 201.0 154.9 1.14
    Dec 2009 183.8 130.6 95.1 232.1 240.7 150.7 125.0 202.2 143.7 104.6 255.3 264.8 165.8 137.5 1.10
    Dec 2010 237.3 148.1 105.1 318.3 211.8 192.6 143.1 265.7 165.8 117.8 356.5 237.2 215.7 160.3 1.12

    Weekly Commodity Price Report  March 30, 2009


    www.td.com/economics

    COMMODITY PRICES*: AVERAGE LEVELS (1)


    FOREST PRODUCTS ENERGY PRECIOUS METALS
    LUMBER PULP NEWSPRINT OIL NAT GAS COAL GOLD SILVER
    ANNUAL AVG
    2003 309.09 554.62 504.81 31.16 5.51 28.13 365.38 4.95
    2004 405.08 642.12 552.02 41.69 5.88 55.19 409.41 6.71
    2005 387.35 646.27 611.86 56.85 8.92 48.91 445.46 7.36
    2006 327.02 721.83 666.83 66.12 6.74 50.29 604.03 11.58
    2007 283.79 821.12 593.58 72.74 6.98 65.69 699.01 13.44
    2008 253.33 863.98 700.77 100.15 8.88 128.96 872.53 15.05
    YTD 2009 198.31 693.97 733.46 42.79 4.64 73.77 905.92 12.55

    WEEKLY AVG
    07-Nov-08 220.00 831.87 775.00 64.31 6.74 104.02 742.85 10.19
    14-Nov-08 221.00 824.41 775.00 58.64 6.65 104.00 734.50 9.61
    21-Nov-08 224.00 823.18 775.00 52.34 6.68 85.69 749.30 9.49
    28-Nov-08 226.00 799.55 775.00 52.50 6.66 78.19 817.10 10.38
    05-Dec-08 225.00 793.64 765.00 45.50 6.44 76.09 769.30 9.49
    12-Dec-08 221.00 758.90 765.00 44.71 5.69 78.25 798.30 10.17
    19-Dec-08 213.00 743.75 765.00 39.65 5.67 77.81 845.05 10.87
    26-Dec-08 210.00 742.21 765.00 32.37 5.42 80.56 859.94 11.01
    02-Jan-09 209.00 740.01 755.00 42.50 5.66 79.19 874.83 11.15
    09-Jan-09 207.00 728.77 755.00 44.51 5.85 81.44 850.65 11.06
    16-Jan-09 203.00 715.50 755.00 36.91 5.40 81.46 823.75 10.77
    23-Jan-09 197.00 709.84 755.00 42.18 4.80 88.19 854.25 11.45
    30-Jan-09 193.00 707.25 755.00 42.52 4.75 83.15 902.95 12.21
    06-Feb-09 191.00 701.11 735.00 40.50 4.84 78.17 912.15 12.62
    13-Feb-09 199.00 688.09 735.00 36.91 4.71 80.28 924.30 13.34
    20-Feb-09 200.00 682.27 735.00 36.99 4.32 76.34 968.80 14.25
    27-Feb-09 199.00 680.37 735.00 41.81 4.16 65.32 967.40 13.74
    06-Mar-09 197.00 679.34 705.00 43.26 4.24 61.70 921.70 13.00
    13-Mar-09 198.00 667.67 705.00 45.68 3.88 62.10 915.60 12.97
    20-Mar-09 193.00 661.14 705.00 49.46 3.83 60.30 927.75 13.00
    27-Mar-09 192.00 660.23 705.00 53.09 3.92 61.39 932.85 13.59

    Latest week, % chg. from


    Week ago -0.5 -0.1 0.0 7.3 2.5 1.8 0.5 4.5
    4 weeks ago -3.5 -3.0 -4.1 27.0 -5.7 -6.0 -3.6 -1.0
    52 weeks ago -19.3 -25.0 10.2 -49.1 -57.7 -48.6 -0.6 -23.7
    % Chg. YTD -19.6 -20.9 18.3 -56.2 -46.0 -36.7 -1.9 -28.5
    52-week low 191.00 660.23 660.00 32.37 3.83 60.30 734.50 9.48
    52-week high 285.00 890.30 775.00 142.46 13.19 194.79 971.35 18.83
    FORECAST
    Annual Avg 2009 195.75 657.50 666.25 41.75 4.16 65.00 928.75 12.93
    Annual Avg 2010 238.75 675.00 620.00 48.00 4.75 74.25 856.25 12.64
    Dec 2009 200.00 640.00 600.00 40.00 4.20 65.00 935.00 13.00
    Dec 2010 280.00 700.00 650.00 55.00 5.15 80.00 800.00 12.50

    *MEASURES & QUOTED PRICES ( $ is US$ unless stated otherwise; WEIGHT


    C$ prices converted to US$ using daily C$/US$ exchange rate ). ( per cent )
    FOREST PRODUCTS 21.1
    Lumber: Random Lengths' Framing Lumber Composite ($/1000 Bd Ft) 9.5
    Pulp: NBSK, delivered in east U.S. ($/mt) 5.7
    Newsprint: New York ($/mt) 5.9
    ENERGY 52.4
    Oil: Domestic Spot Market Price: West Texas Intermediate, Cushing ($/Barrel) 23.6
    Natural Gas: Henry Hub, LA ($/mmbtu) 27.2
    Coal: Austr. Therm ($/mt) 1.6
    PRECIOUS METALS 4.5
    Silver: Cash price: Silver, Troy Oz, Handy & Harman Base Price ($/Troy oz) 0.5
    Gold: Cash Price: London Gold Bullion, PM Fix ($/Troy oz) 4.0
    Sources: WSJ, FT, Ux Weekly, Random Lenghts, Pulp & Paper Weekly, Overall TDCI weights based on
    GlobalCoal, Comtex, WCE, FRBNY / Haver Analytics. Canadian exports 2003-05

    Weekly Commodity Price Report  March 30, 2009


    www.td.com/economics

    COMMODITY PRICES**: AVERAGE LEVELS (2)


    NON-PRECIOUS METALS & MINERALS AGRICULTURAL PRODUCTS
    ALUM COPPER NICKEL ZINC URANIUM WHEAT BARLEY CANOLA CATTLE HOGS
    ANNUAL AVG
    2003 65.16 81.53 4.47 37.81 11.71 177.34 104.35 272.34 82.87 55.72
    2004 78.13 130.92 6.25 47.74 18.80 186.84 98.89 282.81 81.45 53.26
    2005 86.22 167.60 6.69 62.90 29.06 197.76 91.41 238.41 87.24 68.41
    2006 116.49 305.10 11.01 148.56 47.77 216.58 108.71 268.54 86.19 64.19
    2007 119.49 322.97 16.82 146.82 98.72 302.78 175.70 396.64 93.95 65.53
    2008 117.00 316.94 9.61 85.33 63.76 455.65 202.26 530.68 93.81 66.13
    YTD 2009 61.93 153.48 4.75 52.89 47.33 323.34 131.58 359.31 83.86 60.14

    WEEKLY AVG
    7-Nov-08 89.79 180.59 5.27 50.46 46.00 318.45 161.42 370.84 93.53 54.74
    14-Nov-08 86.14 168.71 4.98 51.05 48.00 329.71 153.81 354.67 91.99 55.50
    21-Nov-08 81.48 159.26 4.60 52.31 53.00 318.90 143.80 344.70 86.79 55.67
    28-Nov-08 78.63 165.72 4.56 55.23 55.00 321.46 142.34 343.10 86.71 57.99
    5-Dec-08 71.74 153.85 4.24 51.93 55.00 316.95 127.71 309.23 84.47 58.14
    12-Dec-08 66.96 142.00 4.40 48.90 54.00 319.99 127.01 319.83 83.19 58.12
    19-Dec-08 64.99 134.31 4.41 48.17 53.00 332.63 136.66 334.59 85.00 62.50
    26-Dec-08 67.71 128.93 4.41 50.81 53.00 341.82 140.85 344.95 86.33 61.08
    2-Jan-09 66.34 131.84 4.89 51.44 53.00 344.04 139.60 351.23 86.13 59.73
    9-Jan-09 69.81 147.63 5.55 56.73 53.00 347.34 144.44 375.80 86.47 63.59
    16-Jan-09 65.73 146.38 4.74 55.47 51.00 334.71 133.03 363.14 83.59 60.96
    23-Jan-09 60.57 145.25 4.98 52.57 51.00 336.73 133.12 362.15 83.30 59.79
    30-Jan-09 59.51 146.38 5.11 50.31 48.00 341.01 136.24 365.24 81.93 57.20
    6-Feb-09 62.27 149.27 5.18 51.36 48.00 337.61 131.11 364.10 83.26 57.50
    13-Feb-09 62.22 155.31 4.85 51.72 47.00 326.44 129.34 371.61 84.45 57.36
    20-Feb-09 58.65 146.34 4.45 49.19 47.00 301.13 126.33 352.11 81.96 61.18
    27-Feb-09 58.14 150.37 4.40 49.44 45.00 304.26 125.20 349.03 81.80 58.34
    6-Mar-09 58.52 160.41 4.41 52.07 43.75 303.07 121.86 342.64 84.46 61.17
    13-Mar-09 58.79 163.58 4.37 54.78 43.50 307.88 124.49 345.02 83.10 61.64
    20-Mar-09 61.69 172.60 4.49 55.30 42.50 314.53 130.29 362.29 84.51 62.47
    27-Mar-09 62.80 179.89 4.37 57.19 42.50 304.72 135.50 366.63 85.26 60.89

    Latest week, % chg. from


    Week ago 1.8 4.2 -2.5 3.4 0.0 -3.1 4.0 1.2 0.9 -2.5
    4 weeks ago 8.0 19.6 -0.6 15.7 -5.6 0.2 8.2 5.0 4.2 4.4
    52 weeks ago -52.3 -52.6 -67.8 -45.3 -41.8 -47.5 -37.6 -42.1 -5.6 6.5
    % Chg. YTD -49.8 -56.2 -63.6 -51.8 -40.1 -47.9 -36.3 -40.8 -8.6 3.7
    52-week low 58.14 128.93 4.24 48.17 42.50 301.13 121.86 309.23 81.80 54.74
    52-week high 145.55 398.07 13.18 105.12 71.00 571.34 255.90 663.23 103.38 86.44
    FORECAST
    Annual Avg 2009 56.75 141.25 4.66 49.25 46.00 301.25 123.75 337.50 86.50 61.25
    Annual Avg 2010 61.25 148.75 5.14 62.50 54 310.00 127.00 347.50 95.00 70.25
    Dec 2009 57.00 140.00 4.80 50.00 47.00 300.00 120.00 325.00 90.00 65.00
    Dec 2010 65.00 160.00 5.50 70.00 58.00 325.00 130.00 360.00 98.00 75.00

    **MEASURES & QUOTED PRICES ( $ is US$ unless stated otherwise; WEIGHT


    C$ prices converted to US$ using daily C$/US$ exchange rate ). ( per cent )
    NON-PRECIOUS METALS & MINERALS 14.7
    Aluminum: LME Aluminum, 99.7% Purity: Closing Cash Price (Cents/lb) 6.6
    Copper: LME Copper, Grade A: Closing Cash Price (Cents/lb) 2.6
    Nickel: LME Nickel: Closing Cash Price ($/lb) 3.4
    Zinc: LME Zinc: Closing Cash Price (Cents/lb) 1.0
    Uranium: Ux U308 ($/lb) 1.1
    AGRICULTURAL PRODUCTS 7.3
    Wheat: 1 CWRS, Canada: St Lawrence, 13.5% (C$/mt) 2.8
    Barley: Canada: Cash Prices: Feed Barley: Lethbridge: Grade 1 CW (C$/mt) 0.3
    Canola: Canada: Cash Pr: Canola: Instore Vancouver: Grade 1 Canada NCC (C$/mt) 1.2
    Cattle: Live Cattle Futures Price: 1st Expiring Contract Open (Cents/lb) 1.8
    Hogs: Lean Hogs Futures Price: 1st Expiring Contract Open (Cents/lb) 1.2
    Sources: WSJ, FT, Ux Weekly, Random Lenghts, Pulp & Paper Weekly, Overall TDCI weights based on
    GlobalCoal, Comtex, WCE, FRBNY / Haver Analytics. Canadian exports 2003-05

    Weekly Commodity Price Report  March 30, 2009


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    Weekly Commodity Price Report  March 30, 2009

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