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Slower demand growth, rising supply to drive base metals prices in 2014

Posted on 22 January 2014

Slower Chinese demand growth and improving supply will drive price movements for the industrial metals complex in 2014, according to Capital Economics. The prices of almost all industrial metals fell last year as investors lost confidence in commodities as an asset class and the link between metals and equity prices broke down, Capital Economics said in its Commodities Analyst report.
A temporary reprieve in 2H13 was spurred by a lift in Chinese demand, but this will not last as China is aiming to restructure its economic growth away from investment and production towards consumption and services……………………………..Full Article: Source


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