Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 16 August 2012 at 14:11 GMT+0
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Commodity snapshot: a quiet day with wheat out in front on speculation that the Russian drought and reduced production will increase demand for US and European wheat. Arabica coffee falling for a sixth day on continued ideal harvest conditions in Brazil which is adding to already increased supplies. Weekly Natural gas storage change data due at 16:30 CET.

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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