Market prices & sentiment
Metal commodity prices are inherently volatile. The prices are driven by demand-supply fundamentals, along with market sentiment. Consequently, market timing is an important consideration when investing in, and exploring for metallic minerals. Greenfields review of the main influences on prices shows that cyclically low prices have passed, and in combination with favourable global trends, may appreciate in the foreseeable future. Greenfields it not alone in its favourable outlook for commodity prices, with 30 analysts expecting the price of copper to strengthen in 2019, and the International Monetary Fund estimating that global growth will surge to 3.9%.