Metals News
Goldman bets on bulk commodities
company news
11:19AM
Dec 14,2017
Source:SMM

SHANGHAI, Dec.14 (SMM)-The investment returns in bulk commodities in 2018 is likely to reach 10% due to stronger demand growth, Goldman Sachs said in a report earlier this week. 

It added that energy assets are even expected to achieve a 15% return driven by oil prices.

On metals, Goldman is most bullish on copper while bearish on aluminium as supply of the latter would be more than sufficient. Overal investment returns for industrial metals are likely to be flat, the report noted.   

 


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.
 

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