Wednesday, September 16, 2009

China’s Metal Demand Returns in ‘Big Way,’ CLSA Says

Commodity demand in China, the largest metals user, “is back on track in a very big way,” and copper and coking coal have the best prospects for price gains as the world economy accelerates, according to CLSA Research Ltd. “Commodities that give investors the most upside potential when the rest of the world demand recovers” are those with supply constraints, Andrew Driscoll, head of resources research at CLSA, said in Shanghai. “In the next twelve months, having exposure to copper is going to be a good investment.”

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8qbIYlqJddk

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