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ABN AMRO sees commodity prices falling further in 2013, base metals to rise

Posted on 26 April 2013

ABN AMRO sees most commodity prices declining further for the remainder of 2013 before strengthening next year on economic recovery-led demand, according to the bank’s Quarterly Commodity Outlook published today.
The improving outlook and sentiment for the US and China will support cyclical commodities, especially base metals, in the near term. Price increases of 5-10% are predicted for aluminium, copper and zinc are predicted in the coming quarter, with nickel expected to strengthen even further………………………………………..Full Article: Source


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