Thu, Nov 27, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Research more

Fundamentals return to drive commodity markets: Societe Generale

Posted on 09 October 2013

Fundamentals have returned to drive commodity markets, metals analyst Robin Bhar said Tuesday at the Societe Generale LME week annual base metals research breakfast. “Since the summer we’ve seen a regime change, fundamentals have returned to markets,” Bhar said in a presentation.
Bhar said that before 2008 about 75% of aluminium’s price movement could be explained by fundamentals, but that this dropped to 63% “post-Lehman”. However, this year around 80% of aluminium’s price movement could be explained by market fundamentals, and as a result base metals markets are no longer so influenced by “risk on, risk off” macro trading………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30