The down of Metals markets over the past six months is not only makes the metal prices back to the level of a few years ago, but also makes a heavy blow to the confidence of the market. However, to observe calmly, the metal market in 2009 is still fraught with many variables, so it is better to seek for a new hope in the despair.
Throughout the Metal market in whole year of 2008, it trends to rose first, and then down. In the fundamental background of a weak market, the prospect of metal market in 2009 seems not optimistic. However, as a result of several variable strengths such as the market-rescue plan of different Governments, the weakness of U.S. dollar, and the recovery of economic, the metals markets in 2009 is likely to bottom in the second quarter, and then stably recovers in the second half of 2009. |