Deutsche Bank: solid base metals in Q2 - News - Dukascopy Bank

Mon, 20 Feb 2012 12:24:31 GMT
Source: Commodityonline
 
© Scanpix/AFP
Deutsche Bank expects the industrial metals to be firm in Q2 as China's and Europe's economic situation is likely to stabilize. Copper is expected to average at 9,000 US Dollars per ton in Q2 while the metal's price is likely to fall to 8,500 US Dollars per ton in Q3 and recover to 8,700 US Dollars per ton in Q4. Other metals also are expected to rally in Q2, with aluminium attaining 2,400 US Dollars per ton, nickel-23,500 US Dollars per ton and zinc-2,350 US Dollars per ton.



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