Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Financial, Metals and Minerals, Regulatory more

Tight monetary policy a setback for Base metals

Posted on 05 May 2011

Base metal prices may slide by 10%-15 % in the next two months on account of monetary tightening in Brazil , Russia , India and China, collectively known as BRIC nations. Japan, which has still not recovered from the aftermath of tsunami , has not placed orders for base metals yet which would have otherwise spurred the base metal offtake.
The emerging nations have recovered early from the 2008 recession but their central banks are trying to temper growth to rein in runaway inflation……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031