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Cochilco raises 2009 average copper price outlook to $2.30/lb but trims output forecasts
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Chile's state copper think tank, Cochilco, on Wednesday raised its 2009 average copper price outlook to $2.30 per lb from $1.95, but slightly trimmed its 2009 copper output forecast to 5.38 million tonnes.
The think tank also raised its copper price forecast for 2010 to an average of $2.70 per lb from $2.10 per lb, citing dynamic Chinese demand and expectations of a recovery of developed economies from global crisis.
Development Of Specialist Quality Materials Will Dominate In 2009
Europe's focus on bulk chemical manufacture may have faded in recent times, but 2009 is proving to be the year of new advanced materials launches - particularly where high-performance and specialist qualities are demanded by customers. Sean Ottewell reports.
PSA/Peugeot Citroen wants payback from suppliers over raw material costs
Suppliers who squeezed money out of PSA/Peugeot-Citroen last year to compensate for high raw material costs should expect to give some back in 2009
BBC NEWS | Business | Firms 'up prices as costs soar'
The CBI said that small and medium firms were struggling with high energy and raw material prices.
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