Morgan Stanley: Next year the base metal price will rise comprehensively

Morgan Stanley: Next year the base metal price will rise comprehensively

Recently, Morgan stanley stated in the report, because of the rise
of the basical metal demand , the supply bes critical .The
Chinese demand continued to be particular strong.It will surrender to
the state the aluminum, the copper, the zinc and the lead the base
metal estimate price. Morgan stanley estimated next year the whole world
lead price will amount to 4 thousand dollar each metric ton. Compared with
the April pre-estimate .It largely enhanced to 116%.Regarding to the
lead estimated price this year ,it also surrenders to the state 47%
in the report, for each metric ton 2,800 US dollars. In addition,
the estimated aluminum price is 2,866 US dollars for each metric ton next year.
Compared to April the the pre-estimate enhances 18%.This year
the anticipated aluminum price is 2,690 US dollars. The report of
the anticipated global copper city in 2007 supplies the gap which
is 136,000 metric tons.Next year it will expand to 141,000 metric tons.
It will surrender to the state in 2008 and the estimated copper number
will be 8,267 US dollars each metric ton. In addition, Morgan stanley
believed that next year the global zinc price was estimated as 3,307
US dollars each metric ton.It was over 7% compared to the estimated
one the early time in April.But this year they will decline 3% of the
pre-estimate price.It will be 3,417 US dollars.