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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


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VRS - who has written 36729 posts on Opalesque Commodities Briefing.


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