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Colin Bennett

Beijing's new standards for low-voltage aluminium alloy cables to reduce copper demand,... - 1 views

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    "A recent nationwide industrial standard released by Beijing is expected to reduce China's copper demand by 100,000-250,000 tonnes next year, Goldman Sachs said in a latest note. "
James Wright

Europe - Goldman Sachs sees copper demand at its lowest in Q4 2011, greater European bu... - 0 views

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    It was reported that Goldman Sachs anticipates a rise in European copper demand in the first half of 2012, albeit to a lower level of consumption than that which was seen pre-Autumn 2011. The company reasoned that current demand is unsustainably low, caused by fear and destocking, with European orders falling by as much as 20-50% since August 2011. It is thought that a rise in buying from both industry consumers and speculators will begin in early 2012. In addition, the bank expects an acceleration of Chinese demand growth in the first half of 2012.
Colin Bennett

Goldman Sachs cuts India FY09 growth to 6.7% - 0 views

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    Goldman Sachs on Monday cut its India growth estimate to 6.7 per cent from 9 per cent in the year ending March 2009 due to the knock-on effects of the global financial crisis.
Colin Bennett

Goldman sees 2010 copper price at $5,800 per tonne | Reuters - 0 views

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    NEW YORK, June 16 (Reuters) - Goldman Sachs (G.N) expects the current downward movement in the price of copper to be short-lived amid growing expectations of a recovery in global economic growth, and it targeted copper at $5,800 per tonne by the end of 2010.
Colin Bennett

Bitcoin is "digital copper," says Goldman Sachs - 1 views

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    "Bitcoin is "digital copper," says Goldman Sachs"
James Wright

Europe - Nexans, NKT and Goldman Sachs to defend themselves against price fixing allega... - 0 views

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    Nexans SA, NKT Holdings and Goldman Sachs Group Inc., a previous owner of Prysmian SpA, are due to attend a hearing on 11-18th June 2012 as part of the European Commission's (EC) probe into an alleged underground and submarine high voltage power cable cartel. The EC received official complaints about 12 companies in July 2011. The maximum fine for colluding to fix prices is 10% of yearly sales revenue.
Colin Bennett

China Said to Expand Property Survey Amid Oversupply Concern - 1 views

  • “In recent months the property sector has come under clear stress, with rapidly falling sales and investment and falling property prices in many regions,” Goldman Sachs Group analysts said in a March 21 research report. “Now we see more room as well as the need to adjust property policy.”
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