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European copper demand at its lowest in Q4, says Goldman Sachs
December 20, 2011 - 14:49 GMT
European copper demand, which has been falling since August, will reach its low in the final quarter of 2011, according to Goldman Sachs.
hose calls on copper are watched closely by the market,
said that meetings in the USA and Europe suggested that current
prices were likely to generate buying from industry and
"While most funds remain on the sidelines heading into year
end, recent marketing trips to Europe and the US have led us to
believe that current price levels are looking increasingly
attractive to consumers and funds alike," the bank said....
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Euromoney Institutional Investor PLC.
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