Run of diminishing commodity prices over

The "golden decade" of falling commodity prices is over for buyers, according to an expert.

Robin Jackson, chief executive of procurement consultancy ADR International, said purchasers would be at the sharp end of inflated prices caused by government economic stimulus packages.

"All that new government-injected money sloshing about in the global economy classical economic theory tells us will drive the prices of commodities, goods and services higher," he said in ADR's October business briefing.

"We can already see it starting to happen with key commodities, including copper, steel and oil, rebounding from their earlier lows."

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