Volumes Soar at Asian Commodities Exchanges
Over the next few years demand for commodities from Asia is expected to grow at a greater rate than anywhere else in the world. Global oil demand is expected to grow 6%, from 83.8 million barrels/day (b/d) in 2009 to 89.1 million b/d in 2014, with Asian demand forecast to grow at 10% from 25.5 million b/d to 28.1 b/d, according to data from IHS CERA. This unprecedented growth is expected to provide increased opportunities for trading and exchanges in the region.
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