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Episode details

World Service,04 Nov 2014,18 mins

The Commodities Slump

Business Daily

Available for over a year

Commodity prices have dropped 12% in the last three months alone, hitting a five year low. That is bad news for countries that dig up the metals, drill the oil, or grow the food, but according to the IMF it could be good news for the global economy as a whole. We hear from analysts, Matthew Wonnacott of CRU consultants, Martin Deboo from Jefferies International investment bank, and Brenda Kelly from IG Index. Also, we have a report from Darjeeling in the hills of west Bengal in India, where our reporter Rahul Tandon tastes Makaibari Silver Tips Imperial, the world's most expensive tea.

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