Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

Change font size:   

May 2019 | Base Metals


Market Summary: Lack of US-China trade deal hitting confidence


We expect the base metals market will need to see US-China trade tensions thaw again and a deal put in place before confidence returns to any great extent.

Lack of US-China trade deal hitting confidence
We expect the base metals market will need to see US-China trade tensions thaw again and a deal put in place before confidence returns to any great extent.

Aluminium: Difficult not to be bearish

Although funds remain heavily short aluminium, which could provide ammunition for short-covering rallies if a positive trigger emerges, it is difficult not to be bearish on the near-term prospects for the LME aluminium price. This is because of the fundamental backdrop of rising supply – particularly out of China – at a time when the demand outlook has been clouded by the re-escalation of the US-China trade war. Aluminium would do...

ACCESS RESTRICTED

To read the rest of this analysis please take a free sample or subscribe


FREE Sample


Receive a free sample of  market analysis and price forecasts.

Free Sample

SUBSCRIBE


Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.

Subscribe


Already subscribed?