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Commodities Briefing - Categorized | Metals and Minerals, Trading more

Stronger supply to drive surpluses in base metals

Posted on 18 January 2013

Whilst the outlook for the Chinese economy and domestic metals demand have dominated recent attention on the base metals complex, stronger supply expectations for 2013 are a critical component of projected softer metals market balances according to the latest Barclays Metals Magnifier.
Barclays forecasts point to an average 4.3% supply growth level in 2013, versus just 1.2% in 2012, supported by a combination of new projects, expansions and recoveries from disruption last year………………………………………..Full Article: Source


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