by Stuart Burns on February 6, 2012
Style: Market Analysis
Category: Commodities, Global Trade, Non-ferrous Metals
Keywords: China, Commodities, EU, Gold, metals, Silver, Steel, Zinc
A report in the FT notes the Chinese manufacturing sector has made a surprisingly strong start to the year, as the purchasing managers index (PMI), an important gauge of factory growth, rose to 50.5 in January from 50.3 a month earlier. The result helped underpin recent strength in metals prices, Standard Bank wrote in a [...]
Have you ever felt bad about that fixed-price metals contract you placed, only to find a month later the price had dropped? Or had trouble explaining to the VP of purchasing why you didn’t place a resting order last month when this month the metals price jumped 10 percent? Don’t worry, predicting metals prices is [...]
