The Wall Street Journal on its "Real Time Economics"-Blog highlights some forecasts on metal price trends, based on a recent IMFdirect post from Rabah Arezki and Akito Matsumoto.
Bottomline, expect prices to remain low/trending downward for the foreseeable future as the period of high prices encouraged increase supply capacity which is now combined with lower demand, which in the case of metals is for an important part driven by the expected slowing of growth in China.
The IMFdirect post highlights that for oil the downward price trend is to a larger extent driven by the supply factor and for metals the price trend is more a factor of global (Chinese) demand.
Bottomline, expect prices to remain low/trending downward for the foreseeable future as the period of high prices encouraged increase supply capacity which is now combined with lower demand, which in the case of metals is for an important part driven by the expected slowing of growth in China.
The IMFdirect post highlights that for oil the downward price trend is to a larger extent driven by the supply factor and for metals the price trend is more a factor of global (Chinese) demand.
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