The current nova-indices with data until November 2015 show the continued downward trend for both energy and agricultural products.
Main reasons in the energy market are supply surpluses coupled with an anticipation of higher Iranian oil exports following the Nuclear Agreement. Regarding the agricultural products, main reasons for the price decline are ample supply and a high level of stocks of grain as well as edible oils and meals.
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Source: nova-Institut GmbH, 2016-01-12.