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Commodities outlook for 2014

Posted on 13 December 2013

Following another difficult year of sizeable losses, the commodity sector remains virtually friendless going into 2014. Oversupply has become an increasingly serious issue for a number of commodities, especially industrial metals and, for the two main metals, aluminium and copper, this is expected to undermine pricing through 2014.
The average year-end copper price forecast from the main investment houses we monitor is $6,750/tonne, some 5% below current spot price………………………………………..Full Article: Source


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