Ingrid Sternby
Ingrid Sternby
attracted buying interest lower numbers seen
The lower numbers we have seen have attracted buying interest from a combination of end-users and speculators particularly from China.
capacity chinese demand driven due low prices rates strong
Zinc prices are up on low capacity utilization rates at Chinese zinc smelters due to concentrate shortage, and strong demand driven by galvanized steel.
ahead bull early prices stages strong trend
I think we are still in the early stages of the bull trend in copper. We have years of strong prices ahead of us.
continue decline general global prices side strong supply
In this situation, where you have strong global growth, constraints on the supply side and a general decline in inventories, prices will continue higher.
increasing lead number strikes
Besides, an increasing number of strikes have lead to disruptions in supplies.
continue demand drive growth low prices prospect
The prospect of demand growth and low inventories will continue to drive prices going forward.
remain supporting
There are many supporting factors. The uptrend will remain in place.
appetite books buying deal decline expect great involved looking order price strong weakness
The decline in US aluminum consumption in 2005 involved a great deal of de-stocking. As such, we expect strong buying appetite on any price weakness as order books are looking healthy.