BASE METALS

Base metals to decline in 2008: NAB

THE peak for base metal prices has passed with metal prices forecast to decline across 2008 while iron ore contract prices are set to rise, according to the National Australian Bank Commodity Price Outlook for September 2007.

MiningNews.Net

Base metals to decline in 2008: NAB

NAB minerals and energy economist Gerard Burg said metal prices suffered a sell off during the September quarter, with hedge funds liquidating new long positions to meet margin calls as United States equity...

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