10.02.2009 - Barclays cuts base metals '09,'10 price forecasts
From Reuters: Barclays has cut its 2009 and 2010 price forecasts for some base metals including aluminium and copper due to weaker consumption outlook, the bank said on Monday. Forecasts for 2009 copper prices were downgraded to $3,900 per tonne from a previous $4,400 per tonne while aluminium estimates were cut by 26 percent and 41 percent to $1,500 a tonne and $1,900 a tonne for 2009 and 2010 respectively..... Full Article: Source
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