Mark Keenan, Head of Commodities Research - Asia at Societe Generale shares his views about metal prices
Mark Keenan, Head of Commodities Research - Asia Pacific at Societe Generale shares his views with Indian Times magazine about the metal prices and the current trends affecting the market.
"At the beginning of last year, the view was that metals like aluminium and zinc were well supported by their cost curves, while copper was way above its cost floor - and still is. But people are now realizing that cost floors are much lower due to falling oil and commodity currencies," said Mark Keenan.
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