Ole HansenOle Hansen , Head of Commodity Strategy, Saxo Bank
Denmark, 23 July 2012 at 12:28 GMT+0
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The one month commodity performance as illustrated below by the DJ-UBS commodity indices shows the major impact from the agriculture sector and to a certain extent the energy sector while both precious and industrial metal have been trading sideways. If we further break down the agriculture sector one can see the dramatic impact from grains while sugar and arabica coffee have helped lift softs.

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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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