13.12.2013 - Commodities outlook for 2014
Following another difficult year of sizeable losses, the commodity sector remains virtually friendless going into 2014. Oversupply has become an increasingly serious issue for a number of commodities, especially industrial metals and, for the two main metals, aluminium and copper, this is expected to undermine pricing through 2014. The average year-end copper price forecast from the main investment houses we monitor is $6,750/tonne, some 5% below current spot price...............................................Full Article: Source
Print