Financial Times FT.com

Commodities hit peak for 2009

By Javier Blas in London

Published: August 3 2009 12:20 | Last updated: August 3 2009 23:11

Commodities prices hit their highest level for the year on Monday, with European’s oil benchmark Brent trading above $73.50 a barrel, buoyed by positive economic data and a sharp weakening of the US dollar.

Other raw materials that hit a 2009 peak included heating oil, copper, aluminium, zinc, lead, nickel, rice, sugar, rubber and iron ore.

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