Metals to soar in 2010, BofA analysts say
Dec 14, 2009 | 10:52 AM
| Anne Riley
All metal markets will see pricing increase in 2010, even those in massive oversupply like aluminum, analysts at BofA Merrill Lynch Global Research said in year-ahead outlook in New York on Monday.
"We think next year we will see global economic growth be strong. That is a very supportive environment for commodities," Francisco Blanch, the bank's commodities strategist, said. "Energy and base metals will perform pretty well next year, we think."....
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