24.06.2011 - Avoid copper (unless you're a smelter or refiner) - SocGen
Constrained supply has been a major price prop for copper in recent years, rather than growing demand and, as such the bank argues, copper prices might struggle as supply swells. In its latest quarterly Commodities Review, investment bank Société Générale argues that a bumpy, but safe, landing is likely for the Chinese economy, but that we may not know until late 2013 whether a hard landing has been avoided...............................................Full Article: Source
Print