Mitsubishi Corporation Futures & Securities expects copper 3 months futures price is US$ 4,000-5,200 per tonne at London Metal Exchange in November. The firm warns aluminium price could decreases to less than US$ 2,000 per tonne.
LME copper price dropped by 40% in October when hedge funds settled the position even with loss under worldwide financial crisis. Mitsubishi Corporation Futures & Securities sees the funds already closed almost all the positions while the copper price could be still risk for another volatile move with potential financial confusion and negative factors in emerging markets. The firm expects LME copper price couldn’t increase significantly from current level due to slower demand and industry activity worldwide. The firm expects the short supply of ore could support the price after the financial crisis confusion. The firm expects LME aluminium price couldn’t recover US$ 2,500 per tonne in short term while Chinese and some smelters could make loss under the current price level. The firm expects current slower economy could impacts aluminium demand in automobile and housing in Europe and USA while the industrial activity is still normal in Southeast Asia.M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
« Apr | ||||||
1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Japan Steel Scrap Composite Prices (Sangyo Press)
- Agenda for Change Agreement
- Retention Bonus Agreement Pdf
- Car Rental Agreement Sample Free Uk
- Company Sale and Purchase Agreement Template
- Party Wall Agreement Cost London
- Wto Sps Agreement Ppt
- Athlete Representation Agreement
- Property Management Agreement Example
- China-Europe Comprehensive Investment Agreement
- Agreement on Subsidies and Countervailing Measures
- Agreement for the Provision of Marketing Services
- Prenuptial Agreement Form Nys
- Home for Sale by Owner Contract Form
- Business Combination Agreement Lilium
- Uk Dutch Double Taxation Agreement
- Quickbooks Online Service Agreement
- Simple Loan Agreement with Balloon Payment
- Agreements Form
- Liquidated Damages for Breach of Confidentiality Agreement
- An Agreement Synonyms