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Base metal prices to improve in 2012-13, rally likely in copper: Natixis

Posted on 31 July 2012

Base metals prospects remain clouded by the Eurozone crisis, US recovery concerns, China slowdown, however, pro-growth policies in emerging nations could propel economic growth and improve prospects for the base metals pack, according to Natixis.
Aluminium market is pressured by over supply from China although western producers have reduced output. But Indonesia curbs on bauxite exports may support aluminium prices. Natixis expects aluminium price to average $2000/ton in 2012, followed by a modest increase to $2,250/ton in 2013, Natixis quarterly report said………………………………………..Full Article: Source


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