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Home / Metal News / Reuters: Analysts' Forecast of Base Metal Prices in 2009-2010

Reuters: Analysts' Forecast of Base Metal Prices in 2009-2010

iconJul 17, 2009 00:00
Source:上海有色金属网

SHANGHAI, July 17 -- According to the latest Reuters' survey of base metals, aluminum inventories increased sharply to a record high, which forced analysts to reduce their forecast of aluminum price in 2010, down 13% compared to average estimated data in January.

    However, over 60 analysts were optimistic towards copper price trend, and raised their forecast of copper price, up 25% for 2009 and up nearly 20% for 2010 compared to estimated data in January.

    To read the survey result, please click here.
 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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