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Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Analysts see opportunities opening in copper

Posted on 25 May 2011

Analysts at Goldman Sachs raised their views on oil and industrial metals on Tuesday, suggesting it’s time to revive long positions in copper.
Supporting fundamental views are “signs that Chinese metal demand has already returned with the SHFE-LME copper arb opening again, exchange inventories declining and the Shanghai copper forward curve moving into backwardation,” the Goldman note added……………………………………….Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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