The demand for agriculture commodities in China will have a tremendous growth in the coming years as it plans to double its food consumption, also it has the lowest average agriculture commodities resources per person in the world, points out Danny Esposito, editor of Penny Stocks Detectives.
Iran exported 130 tons of saffron last year which was 47 percent more than the figure in its preceding year. Iran's domestic consumption is around 40 tons a year.
Gold prices to reach $3,000-4,000 per ounce range within five years, said Ross Norman at the inaugural Dubai Multi Commodities Centre Precious Metals Conference.
HKEx said it will launch yuan currency futures in the third quarter, becoming the world's first provider of exchange-traded currency futures settled in the yuan.
