Economic recovery will make food, metals and other raw materials more expensive in 2013, the head of the World Trade Organization said on Monday. Addressing a United Nations conference, WTO Director-General Pascal Lamy said the prices of crude oil, copper, gold, corn and soybeans would be on rise most this year, with less pronounced increases in natural gas, zinc and cattle. Besides that, Frenchman said "2013 will see the prices of most commodities rise, as the rise in global GDP bolsters demand, led…
Words 2997 - Pages 12