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Sciences Research Center of Chinese Academy of Sciences recently released forecast of" 2009 China Economic Forecast and Outlook" report.

report, WTI crude oil futures prices in 2009 full year average price is expected to between 30-40 U.S. dollars per barrel on average35 U.S. dollars a barrel.If the national rescue measures do not achieve the desired results, the economic situation deteriorated again, then the price of oil is likely in 2009, below 30 U.S. dollars a barrel.

reported that, in the precious metals, gold futures fall in spite of some pressure, but relatively small decline in 2009, the yearthe average price in between 730-790 U.S. dollars an ounce; non-ferrous metals futures prices will continue to face greater downward pressure on copper futures in New York is expected to average in the year 2009 an ounce, 120-140 cents a share, down 40% year on yearabove.

report is expected in 2009, futures prices of agricultural products throughout the year will show an overall decline trend.An average price of corn at 275-315 cents per bushel, soybeans at an average price of 690-780 cents per bushel, wheat at an average price of 405-455 cents per bushel, three-year decline in grain futures around 40%.

While it is the international oil price is very attractive for China, but China's oil reserve capacity constraints, a large number of importsOil is not the reality, look at the current reserve capacity, the amount of oil imported to the international oil prices will not have significant effect.
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