Investing in commodities, Why Invest In Commodities
The experts of the American investment Bank Morgan Stanley published a forecast of Investing in commodities, the value of the commodity assets in 2012. In Morgan Stanley believe that in the conditions of weak growth of the economy of the favorites will be the livestock and the gold, and with regard to oil - it will keep up with the other goods. Also the reason Nickel, aluminum and zinc.
According to the basic scenario for the oil market in Morgan Stanley Investing in commodities assumed average price of a barrel of Brent at the level of $100 in 2012. that is almost at the level of 2011. Nevertheless, according to "the bear" scenario, the value of the oil, it will fall to $75 per barrel under the pressure of falling demand. In this case under blow the economy of the Russian Federation, the share of commodity exports in GDP has which is about 16% (according to the information of UBS).
The average cost of aluminium, according to Morgan Stanley, in the coming year, a drop of up to $2300 per ton, compared to $2500 in the past year. Copper will become cheaper by 9% and will be sold at $8400 per ton against $9200. Nickel fall in price by 7% to the average value of the $22 thousand per ton.
Gold will be able to preserve the reputation of a "quiet harbour", and it will rise in price up to $2,200 per Troy ounce. In 2011, the cost of those assets amounted to about $1600 per ounce. Experts Morgan Stanley believe that the gold in the coming year will have the additional demand on the background of the very low or negative interest rates in the leading economies.
Among the goods of agriculture outsiders are cotton and corn, while the live cattle and coffee will rise in value. The value of coffee in the current marketing year (October-September 2011-2012.) will rise from $of 2.38 to $2,45 per pound in the conditions of decrease in supplies from Vietnam, Brazil, and Colombia, and the price of the livestock will grow from $1.14 to of 1.24 per pound
