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Commerzbank: Base metals prices offer ‘attractive buying opportunities’

Posted on 03 July 2013

The recent weakness in base metals presents “attractive buying opportunities,” Commerzbank said Tuesday, when it released its outlook for the complex. The bank looks for copper to average $7,100 a metric ton in the third quarter and $7,500 for the fourth, with aluminum expected to be $1,850 in the third quarter and $1,950 for the final three months of the year.
Other forecasts for the final two quarters of 2013 include nickel, $14,250 and $15,500; lead, $2,100 and $2,200; zinc, $1,900 and $1,950; and tin, $20,500 and $22,400……………………………….Full Article: Source


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