Barclays: indicators show stronger demand for industry metals

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Source: Commodityonline
Barclays Capital reports that its core indicators for industry metals showed sharp increase in demand momentum in the end of Q1 and Q2. Experts attributed the expected demand increase to better PMI in China and in the US. The cyclical slowdown in the emerging markets coupled with global economic turmoil definitely impact the demand for base metals but Barclays believes that market participants will look beyond economic difficulties and demand for metals will strengthen.


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