Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: Stephen O who wrote (1286)	5/14/2002 12:59:44 PM
From: Stephen O	of 1643

Title: Positive Comments on Copper Outlook from Norddeutsche Affinerie AG Impact: Positive. Details & Analysis: In conjunction with the release of its mid-year results, Norddeutsche Affinerie AG, Europe's largest refined copper producer, provided a fairly positive outlook for copper demand. The key points are: The company expects a balanced global market this current year, by far the most positive corporate forecast in the current reporting period. "In Europe, the largest copper market worldwide, demand is expected to pick up as of summer 2002. An important indication of this is the renewed building-up of stocks in the value added chain of the copper processing industries. Signs of an improvement in the global copper market are, above all, also apparent in the Asian region. A significant increase in copper demand for high tech applications, e.g., in the computer industry, is being observed."

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