MB APEX Q4 2013 BASE METALS: Copper

Bank of America Merrill Lynch (BAML) has taken first place on the Metal Bulletin Apex leaderboard for its copper price predictions in the fourth quarter of 2013.

The MB Apex leaderboard shows which analysts were most accurate in their predictions for prices on the London Metal Exchange.


The MB Apex leaderboard shows which analysts were most accurate in their predictions for prices on the London Metal Exchange.


Bank of America Merrill Lynch (BAML) has taken first place on the Metal Bulletin Apex leaderboard for its copper price predictions in the fourth quarter of 2013.

For the three months ended December 31, BAML achieved 99.34% accuracy for its copper price predictions, and Deutsche Bank came in second with 99.26%.

The team at Macquarie took joint third place with ABN Amro, with 98.64% accuracy, narrowly beating Cailey Barker, of Numis, who came in fifth with 98.63%.

Click on the image above to view a full-screen presentation of the leaderboard; the chart showing the average of analysts’ forecasts weighted by the accuracy of previous forecasts, the unweighted average of analysts’ forecasts, the bull view and the bear view; the table showing the MB Apex average forecasts; and the table showing the MB Apex forecasts.

For all Apex results, click here.

Claire Hack
chack@metalbulletin.com
Twitter: @clairehack_mb

What to read next
Market participants are cautiously optimistic about a rebound in iron ore concentrate premiums, with steelmakers around the world set to ramp-up production in line with an anticipated increase in demand for steel products, Fastmarkets understands
General Motors (GM) is investing $650 million to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the US and the third largest in the world
Electrolysis processes developed by Boston Metal and Electra that eliminate the need for coal in steel production could be key to a net-zero emissions future for the metallics industry, attendees learned at Fastmarkets’ conference on January 17-19 in Dallas
Low supply, strong demand to spur scrap prices higher in Feb, market says
US deep-sea ferrous export prices from the East Coast to Turkey have plateaued, with a Turkish mill purchasing a cargo at prices stable from the last-reported sale
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
Proceed