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Commodity markets entering period of stability, Orica CEO says

Orica, the largest supplier of explosives to the mining industry, has begun to observe stability in commodity markets that have been marked by volatility, sinking profits and job cuts after a global boom ended.

“We still see a lot of volatility, but I think that I’ve seen more stability than I’ve seen in some time,” in the past month, CEO Alberto Calderon told reporters after an industry briefing in Perth on Thursday.