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Commodities unlikely to find fiends in 2014

Posted on 15 January 2014

Andy Brunner, investment strategist with Morningstar OBSR, believes that the commodity sector will remain 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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