Abstract
In psychology, Cognitive Dissonance is the mental stress or discomfort caused by holding two or more contradictory beliefs at the same time, or from receiving new information conflicting with existing beliefs, ideas or values. – Wikipedia Commodity market at current juncture is confronted with conflicting trend: wherein prices have broken its old relationship in order to charter its own trajectory. Also for that matter Global Growth Engine has reverted back to Developed Nations to reenergise itself as Emerging Nations seem to have taken a breather. Will all of it sustain in long run??? Paper will elucidate existing shift in behaviour of commodity prices which has been under the influence of on-going VUCA environment (Volatility, Uncertainty, and Complexity & Ambiguity) and will conclude by revisiting price forecasts for 2016 & way forward in 2017
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