Goldman Sachs pointed out that zinc is the &quot 黑道教父2

Goldman: basic metal rebound is not sustainable but zinc has bottomed out U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks News 5 pm Beijing time news, recently base metal prices rebound, Goldman (Goldman Sachs) pointed out that the recent rebound of basic metals may not sustainable, but zinc is an exception, may have to appear at the bottom. From mid January low of 1445 U.S. dollars so far, zinc rebounded continuously, or up to 18%. In Thursday’s report, Goldman Sachs pointed out that zinc is the "most bullish" category in basic metals, because the depletion of mineral resources and output constraints may lead to continued decline in supply this year, thereby propping up prices. At 16:30 Friday Beijing time, the London Metal Exchange zinc price was $1706, the highest rise to $1728 per ton on Thursday. Goldman Sachs predicts that zinc will continue to outperform other basic metals and will rise to $1800 a tonne in the next 12 months. Other basic metals also rebounded by about 8% from mid January lows, driven by crude oil price recovery, dollar depreciation, and the stabilization of China’s old economic sector. Goldman Sachs expects to continue rising in the next 2 months. "In the basic metal under the background of large short positions (especially copper and aluminum), we reiterate that Goldman Chinese metal consumption index recently stabilized, the upcoming metal demand season (China new year), Chinese storage and further capacity cuts as the recent short covering market impetus," Goldman analyst the report pointed out that. But the bear market driving force that caused basic metals to fall by 50% in the middle of 2011 is still there, Goldman Sachs believes. "China and emerging markets deleveraging, together with the dollar’s further strengthening in the middle, and the decline in mining costs, will make capital spending higher metal prices under pressure, especially copper and aluminum.". "The growth of the two supply will exceed the demand growth," Goldman Sachs wrote. (Tony compiler) Chengwei Section Editor: SF132

高盛:基本金属反弹不可持续 但锌已见底 美股行情中心:独家提供全美股行业板块、盘前盘后、ETF、权证实时行情   新浪美股讯 北京时间5日下午消息,最近基本金属价格强劲反弹,高盛(Goldman Sachs)指出,基本金属最近的反弹可能不可持续,但锌是一个例外,或许已经出现底部。   从1月中旬低点1445美元至今,期锌出现连续反弹,涨幅高达18%。高盛分析师在周四的报告中指出,在基本金属中,锌是“最看涨的”品种,理由是矿藏耗尽和产出限制可能导致今年供应继续萎缩,从而支撑价格上涨。   截至北京时间周五16点30分,伦敦金属交易所期锌价格报1706美元,周四最高涨至每吨1728美元。高盛预计锌将会继续跑赢其他基本金属,未来12个月将涨到每吨1800美元。   其他基本金属也从1月中旬低点反弹8%左右,推动因素包括原油价格回升、美元贬值以及中国旧经济板块企稳。高盛预计未来2个月可能继续上涨。   “在基本金属空头头寸相当庞大的背景下(尤其是铜和铝),我们重申最近高盛中国金属消费指数的企稳、即将到来的金属需求旺季(中国新年之后)、中国收储以及进一步的产能削减可能成为近期空头回补行情的推动力,”高盛分析师在报告中指出。   但导致基本金属从2011年年中峰值下跌50%的熊市推动力依然存在,高盛认为。   “中国和新兴市场去杠杆,加上中期内美元进一步走强,以及矿业成本下降将让资本支出比较高的金属价格受到压力,尤其是铜和铝。二者供给增长将会大大超过需求增长,”高盛报告写道。(Tony 编译) 责任编辑:段呈伟 SF132相关的主题文章: