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How base metals are caught in market bloodbath

Posted on 30 January 2009

From Commodityonline.com: Did we speak of good news for metals arising from China’s insatiable demand sometime ago? Surely, this has not happened and it looks like China too has succumbed to global recession as demand for Steel and other base metals drops rapidly making producers wonder who is going to be their saviour?

The bloodbath in the base metal prices has continued and there has been no respite in the fall in prices. Whatever the fundamentals of each metal the fall in prices has been across the board….. Full Article: Source


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VRS - who has written 38109 posts on Opalesque Commodities Briefing.


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