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World Commodity Forecasts Industrial Raw Materials February 2018

World Commodity Forecasts. Industrial Raw Materials, 2018

(c) 2018 The Economist Intelligence Unit Ltd. All rights reserved. Reproduced with permission of the copyright owner. No further reproduction is permitted. ;ISSN: 1351-8976 ;EISSN: 2047-9794

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  • Title:
    World Commodity Forecasts Industrial Raw Materials February 2018
  • Subjects: National debt ; Raw materials
  • Is Part Of: World Commodity Forecasts. Industrial Raw Materials, 2018
  • Description: Nonetheless, several factors have bolstered demand for industrial goods, including strong economic growth in both emerging markets and major developed economies, a rally in global oil prices, and signs of producer restraint. [...]Chinese demand for industrial commodities will be stronger than we had previously expected; together with additional environmentally motivated plant closures, this will lend support to metal prices in 2018. Production capacity-bolstered by a surge in investment during a decade-long boom in prices in the 2000s-still exceeds demand. [...]Chinese producers may look to export a larger percentage of their commodities output as domestic consumption slows (albeit very modestly), which will put pressure on global prices. Furthermore, rapid growth in the electric vehicle sector, as car manufacturers seek to get ahead in this emerging industry, will boost demand for copper, a key component of batteries.
  • Publisher: New York: The Economist Intelligence Unit N.A., Incorporated
  • Language: English
  • Identifier: ISSN: 1351-8976
    EISSN: 2047-9794
  • Source: ProQuest Central

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