J.P. Morgan
J.P. Morgan forecasts aluminium price per tonne for 2008
J.P. Morgan forecasts aluminium price at $2,316 per tonne in 2008
Commodity analyst:
J.P. Morgan, Dec 2007
Aluminum price factors:
- oversupply
JP Morgan sees oil price in 2008 at $68.2 a barrel in 2008
Commodity analyst:
JPMorgan, Dec 2007
Oil price factors:
- negative factor - Iran conflict, positive factor – economic slowdown
JP Morgan forecasts gold price at $814 in 2008, $767 in 2009 and $675 for long term
Commodity analyst:
JP Morgan, Dec 2007.
Gold price factors:
- gold's safe haven status during sub-prime troubles in US,
- strong demand from India, China and the Middle East.