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Copper to Outperform Some Commodities in 2013: Bank of America
Dec. 12, 2012 08:53AM PST
Base Metals Investing
Bloomberg reported that a recent report from the Bank of America suggests that some precious metals, including copper, will outperform other commodities in 2013.
Bloomberg reported that analysts from the Bank of America suggest that some precious metals, including copper, will outperform other commodities in 2013.
As quoted in the market report:
A stronger Chinese economy will likely lend support to supply constrained metals next year, and we expect copper prices to average $7,750 a ton in the fourth quarter of 2013.
