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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Metals commodities outlook positive despite forecasts of rough going in 2009

Posted on 29 October 2008

From Mineweb.com: BMO’s Bart Melek notes that the sentiment at the recent LME Week was not as bearish as one would expect given that many metal prices are so low and some miners are operating below cash costs.

Participants at the recent London Metal Exchange Metals Seminar 2008 in London expect metals to be under pressure, but are optimistic about their long-term future owing to strong developing world demand and the potential for tight supply/ demand conditions….. Full Article: Source


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