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The market weighs the prospects of the new commodity super cycle
Ten years have passed since the last commodity market boom. This was triggered by the rise of China as a global economic power, and it finally lost its momentum.
However, the wide-ranging rebound has pushed the prices of key raw materials including copper, wood and iron ore to record highs, while also boosting agricultural products. The commodity “super cycle” has arrived.
But what is the commodity price super cycle, and what makes it different from the short-term boom and bust business cycle?
What is a super cycle?
Although there is no accepted definition of a super cycle, it is usually used to describe a period in which commodity prices exceed their long-term trend for 10 to 35 years. ....

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