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

Which miners? Which commodities?

Posted on 21 November 2012

BlackRock suggests the boom is not completely over - just more tricky to negotiate. Supply from new mines is still hitting world markets and metals inventories have been building up in the face of weak demand, with copper the exception.
BlackRock expects most metals will likely be in surplus for a while, pressuring prices. However, eventually demand will return, especially from China. Wood Mackenzie expects a turnaround in 2016, when demand for copper, zinc, lead and nickel will start outpacing production from existing mines………………………………………Full Article: Source

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This post was written by:

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


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