+------------------------------------------------------------------------------+
Copper May Be ‘Next Year’s Iron Ore,’ Morgan Stanley Says 2013-11-11 14:25:40.616 GMT
By Arie Shapira Nov. 11 (Bloomberg) -- Morgan Stanley expects 2014 copper prices above Street ests, which call for lowest price since 2009, given “overly optimistic” supply forecasts. * Sees copper prices remaining flat over next 5 qtrs * Copper for Dec. delivery down 0.1% to $3.25/lb, earlier up as much as 0.7% * NOTE: FCX presents at Cowen conf. tomorrow 12:05pm
For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>
To contact the reporter on this story: Arie Shapira in New York at +1-212-617-1488 or ashapira3@bloomberg.net
To contact the editor responsible for this story: Joanna Ossinger at +1-212-617-7789 or jossinger@bloomberg.net