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Deutsche Bank raises 2009 forecasts for Copper, Lead

Posted on 30 March 2009

From Bloomberg: Deutsche Bank AG raised 2009 price targets for most base metals including copper on expectations the global economy will stabilize, while cutting calls for next year and 2011 on “a slower than previously expected recovery”.

Copper may average $3,288 a metric ton this year, 17 percent higher than an earlier forecast, the bank’s analysts led by Michael Lewis wrote today in a quarterly report…..Full Article: Source


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