Thu, Sep 18, 2014
A A A
Welcome kbr175@gmail.com
RSS

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

Weak China data flags more bad news for copper

Posted on 11 July 2013

Copper has taken a beating in recent months, along with gold and other commodities, now analysts warn there is more pain ahead for the red metal, with the slowdown in Chinese growth set to weigh further on prices.
China currently consumes around 40 percent of the world’s copper and as the metal is heading into a two-year surplus according to Goldman Sachs commodity analyst Roger Yuan, he advised investors that any further rallies in 2013 represented a good hedging opportunity………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36995 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930