China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

Home

Metal News

Metals May Gain 32% in 2010, Morgan Stanley Forecasts (Update1)  

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE

3rd Li-ion Battery Europe 2025

2025 NET ZERO EUROPE - Solar & Energy Storage Summit

2025 SMM Europe & Africa Lithium Resources Field Trip

Spot Palladium, Platinum Hit Multi-month Highs

Jan. 13 (Bloomberg) -- Metal prices may average 32 percent higher this year because of strengthening industrial production, driven by growth in China, said Morgan Stanley.
&quot;The economic outlook has improved materially in response to unprecedented fiscal and monetary stimulus initiated in 2009,&quot;analysts led by Melbourne-based Peter Richardson said today in a report, citing copper as its preferred metal.
Morgan Stanley raised its 2010 aluminum price forecast 16 percent to 98 cents a pound, copper by 7 percent to $3.18 a pound and zinc 21 percent to 97 cents a pound. JFE Holdings Inc., Alcoa Inc., Xstrata Plc, Vale SA and Vedanta Resources Plc are the broker&rsquo;s top stock picks.
&quot;We expect the strong and broad gains in base metal prices in 2009 to be sustained in 2010 after a period of excess importation in China, with the prospect of a weighted average increase in U.S. dollar prices of 32.4 percent,&quot;Morgan Stanley said. &quot;However, in contrast to 2009, we expect price appreciation to be growth-driven rather than liquidity driven.&quot;
The analysts also raised forecasts for bulk commodities driven by increasing global steel production and power consumption. They boosted estimates for Asia iron ore contract prices by 6 percent to $69.60 a metric ton, coking coal by 9 percent to $175 a ton and thermal coal by 6 percent to $85 a ton.
Metal prices in London gained 98 percent last year, rebounding from a 49 percent decline the previous year. 
&nbsp;

ShFE Aluminium Limit down, Zinc Slides on China Tightening

metals-may-gain-32-in-2010-morgan-stanley-forecasts-update1-

Metals May Gain 32% in 2010, Morgan Stanley Forecasts (Update1)   | SMM

Metals May Gain 32% in 2010, Morgan Stanley Forecasts (Update1)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025