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%.

Greenfields considers that despite a recent jump in global volatility, as measured by the  VIX index , there is an overall neutral trend. Growth in  Chinese manufacturing , a major demand source for metals, has been on a strong upward trajectory since mid-2015. In Greenfields' opinion, the decreased volatility and increased manufacturing trends bode well for future metal demand, which in turn may result in higher metal prices.

Greenfields considers that despite a recent jump in global volatility, as measured by the VIX index, there is an overall neutral trend. Growth in Chinese manufacturing, a major demand source for metals, has been on a strong upward trajectory since mid-2015. In Greenfields' opinion, the decreased volatility and increased manufacturing trends bode well for future metal demand, which in turn may result in higher metal prices.

Copper.png
Cobalt.png
Nickel.png
Zinc.png
Lead.png
DKK.png