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Base metals have peaked

BASE metal prices probably peaked in last quarter of 2004, according to a report by the Dutch investment bank, ABN Amro, which is forecasting that markets will move into balance in the second half of 2005.

Tim Treadgold
Base metals have peaked

“In general, 2005 looks to be a transition year for base metal markets,”Dow Jones reported from the ABN analysis. “Having enjoyed deep inventory draining deficits in 2004, we expected markets to begin...

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