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

Asia-Pacific: Commodity prices can take a toll on metals and mines

Posted on 05 December 2011

The outlook for the Asia-Pacific metals and mining sector in 2012 is changing even though evidence of industry weakening is just beginning to appear in corporate performance. It will be difficult for mining companies in the region to repeat the profitability seen in 2010 and 2011, when they were at the top of the commodity pricing cycle.
While most companies that Standard & Poor’s Ratings Services rates posted good results in the second and third quarters of 2011, there have been some reversals in the third quarter and lower profitability is expected in the fourth quarter and early 2012………………………………………..Full Article: Source


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VRS - who has written 36706 posts on Opalesque Commodities Briefing.


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