Fri, Aug 22, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Heavy metal commodities bets

Posted on 18 November 2011

The gap between the marginal cost of supply and the price at which demand gets destroyed offers commodities investors a useful signpost in this very uncertain economic climate.

Take copper and aluminum. Copper is priced at about $7,600 per metric ton; aluminum around $2,100. Based on UniCredit estimates, that means copper trades 90% above its marginal cost of production, while aluminum is 16% below its own. Yet demand for aluminum is growing about twice as fast………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 36568 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31