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To: Secret_Agent_Man who wrote (363040)	3/19/2008 7:37:40 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 436258

Commodity demand depend on extent of slowdown- IMF Wed Mar 19, 2008 6:53pm EDT WASHINGTON, March 19 (Reuters) - A decline in global growth in 2008-09 will likely dampen demand for commodities but the extent of that easing depends on how substantial the economic slowing is, the International Monetary Fund said on Wednesday. "Unless there is a substantial global downturn, however, the extent of easing may be small, given the current tight balances in some commodity markets," the IMF said in new analysis on the surge in global commodity prices. It said past economic slowdowns had caused commodity prices to fall sharply, but the current episode "suggests a disconnect between commodity prices and the ongoing slowdown of the global economy." (Reporting by Lesley Wroughton; editing by Diane Craft) © Reuters 2008 All rights reserved