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The global downturn and commodity correction have hit Indonesia's exports and government revenues.
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As a result of all that new output, even a sharp correction in commodity prices might not necessarily undermine Australia's trade position, analysts at UBS say.
What's more, anybody with a pension invested in the FTSE 100 will have mixed feelings about a correction in commodity prices: miners and oil companies account for a third of the multicultural index.
These countries have found themselves on the receiving end not only of a correction in commodity prices and equities, but also of a brutal re-pricing of currencies and both local- and foreign-currency fixed-income assets.
That was the opinion of legendary fund manager Anthony Bolton in a recent speech - although he cautioned that it may need a bigger correction in commodity prices to confirm that the speculative frenzy that has affected all assets is really over.
There was a mid-March correction in commodities.
He said the plunge in commodity prices was a timely correction.
Commodities were ripe for a correction.
If such a conservative operator is eyeing commodities, cynics say, then a correction must be close at hand.
(See "Commercial Mortgages Spur Latest Rush To Safe Havens").. Friday was also a correction day for commodities.
Acting in defiance of the prevailing opinion that commodities are outpacing fundamentals and overdue for a correction, investors showed fevered interest in commodities Tuesday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com