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Expect Metal Prices To Cool: Adrian Mowat

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19 August: Adrian Mowat, Chief Asian and Emerging Market Equity Strategist, JP Morgan, says that there has been a recovery in copper and other basic metal inputs such as iron ore. He points out that inventories were low in China although now efforts are being made to rebuild them. Therefore, he expects some softness in metals. Speaking on oil, Mowat states that Brent crude may trade around $110-120/bbl.