Copying and distributing are prohibited without permission of the publisher
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....
All material subject to strictly enforced copyright laws. ©
Euromoney Institutional Investor PLC.
Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.
If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.
A standard subscription include one year's worth of news and prices. You can also upgrade to a premium subscription and benefit from news and pricing data going back to 1997 plus access to our online database - MB Company Data.
Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.