| Improving market fundamentals, such as accelerating demand growth and a slowdown in output, means 2014 could potentially be a positive year for base metals, Barclays Capital said in its quarterly Global Outlook report on December 9.
Next year is likely to mark the end of a cyclical phase of “structural surplus” that has seen most base metals stuck in oversupply since 2007-08, Barclays said. “Markets such as aluminium and lead are expected to move into deficit, while surpluses in nickel and zinc are set to shrink dramatically,” the London-based bank said...............................................Full Article: Source
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