BHP Expects To See Fundamental Support For Commodity Prices

Top miner BHP Billiton Chief Executive Andrew Mackenzie expects to see fundamental support for commodity prices persisting on strong Chinese demand, further environmental and supply side reforms in the country and a sustained recovery in the developed world, according to media reports. He noted in a latest speech that lower levels of investment, relative to this time in the last cycle would curtail the outlook for supply and lift prices.