October 6, 2015

Metal Prices Outlook: Low for Long

The IMF's new Commodity Special Feature focuses on metals in the world economy and in particular the West to East (China) shift on the demand side and the North to South shift on the supply side that is the shifting frontiers of resource extraction. The latter has led to the expansion of the known global subsoil reserves through the opening up and institutional reforms in Latin America first and then Africa. The balance between demand and supply points to a "low for long" scenario in metal prices.