Quotes from the news wire:
Of course, there are implications for EU growth, which would be negative for metals, and a strong dollar is another negative, but I suppose since because China is primarily the main demand force for industrial metals, there's the feeling it's not going to have a massive impact on the (supply-demand) fundamentals.
We think the fourth-quarter (China economic) numbers will pick up as a result of the stimulus we've seen. We're coming to the end of a seasonal lull and it (stimulus) takes time ... to feed through to real demand for metals, whether the Fed hikes tomorrow or not, it's hard to see a massive reaction either way. We've had so much warning this year that the big move in the dollar could be behind us.
Having followed everybody else (in previous years) with producer projections initially, and then having to revise down, we thought this year we're going to start by being pessimistic and hopefully it will come right, we have always been quite cautious about how strong supply was going to be this year simply because the record has been so bad over the last few years.
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