Analytical Reports on Freeport-McMoRan Copper & Gold Inc. and BHP Billiton Ltd. - Copper Demand Threatened by Economic Uncertainty
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/15/11 -- provides members with proprietary analysis of over 10,000 stocks which is updated every day. Today, members can receive their complimentary stock analysis on . (NYSE: FCX) and (NYSE: BHP). Sign up now on to get your free reports on these stocks.
Copper demand had been surging, especially out of China and other emerging markets, but now renewed economic uncertainty threatens to undo some of the metal's gains. Revenues of Freeport-McMoRan Copper and Gold jumped 50% in the second quarter and reflect some of the success the industry has had this year. gives traders a unique insight about by registering now at .
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Sustained Chinese demand will be pivotal for many companies within in the industry. China buys roughly 30% of BHP Billiton Ltd.'s exports but the company remains confident that demand levels will not drastically change. Efforts on behalf of the Chinese government to reduce inflation in combination with a global economic slowdown could still dent demand though. gives traders a unique insight about by registering now at .
Overall, copper's performance earlier in the year should help sustain miners for the remainder of the year. ETF trading activity suggests some wavering investor confidence, but copper still appears capable of continuing its strong run. How demand levels in China react to the latest economic slowdown will be key for the industry.
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Datum: 15.08.2011 - 12:47 Uhr
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