17.10.2011 - Market fundamentals for many metals seen constrictive
Are global commodity markets on way to recovery? It may be a little too early to assert; but indications are that the market has discounted or priced in all uncertainties so far. Last week the oil market gained following renewed hope that the European economic woes may be addressed. For the same reason, the base metals complex rebounded on what experts described as cautious optimism. The LME week sentiment was more upbeat than expected. Investor interest in precious metals seemed to stabilise and physical market demand was supportive as evidenced by prices regaining some lost ground..............................................Full Article: Source
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