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JOC index reaches highest level since Sept ’08

Posted By Peter Boockvar On March 31, 2010 @ 2:34 pm In MacroNotes | Comments Disabled

To add more fodder to the inflation/deflation debate, the Journal of Commerce Industrial Commodity Index of 18 industrial materials is rising today to the highest level since Sept 2008. Some of the commodities included in the index are crude oil, aluminum, zinc, cotton, steel, copper, nickel, plywood, hides, rubber and ethylene.

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