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Banks mixed on industrial metals in 2014

Posted on 18 December 2013

The major banks have mixed forecasts for base metals for 2014, with some banks upbeat on the sector. Those who see higher base metals prices said the industrial metal’s outlook could improve in 2014 if the global economic recovery occurs as economists forecast, and China will also remain important for the base metals.
Those who see weaker prices said current high inventories and supply coming online will pressure the metals………………………………………..Full Article: Source


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