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The steel industry is a major purchaser of iron ore, and there is little sign of demand dropping off in China.
In the short term, with gas demand dropping 5% last year in Japan, Asia's biggest market, Shell may not begin construction of its LNG plant in 2002 as scheduled, says Michael Bradshaw, editor of the Pacific Oil & Gas Report.
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"I will not hide that the demand dropped drastically then".
Yet even though excess supply kept chicken prices lower than the year before, demand dropped.
In Europe, the largest regional market, demand dropped steadily, cushioned by government subsidies, sliding by 15%.
But it is not clear that drug demand drops when prices rise.
Tobacco was once an important cash crop, but it declined considerably as demand dropped.
Demand dropped sharply as corporate profits fell and businesses had smaller and smaller tax liabilities.
Global demand dropped sharply over the summer and the outlook for the world economy darkened.
As demand drops, they say, the price of food, oil and other commodities will also fall.
But demand dropped off steeply during the recession when businesses had progressively smaller tax liabilities.
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CEO of Professional Science Editing for Scientists @ prosciediting.com