Commodities outlook this year seen to be positive
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    Mining

    Commodities outlook this year seen to be positive

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    Commodities are vital as they have various uses like palladium for water filtration and aluminum in antacids. According to a Barron’s Asia report, this year’s commodities forecast is seen as positive. Gold will continue to grow in 2017, while zinc prices are forecast to increase.  China’s imports of iron ore rose 7.5% but U.S. production declined 11%. In addition, last year’s raw mineral production in the U.S. increased slightly to $74.6 billion.

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