November 2019 | Base Metals
Market Summary: Risk appetite should improve this week
The latest reports about progress towards a US-China trade agreement suggest that a phase one deal is back on track. If history is a guide, interest in risk assets, including the base metals, should rebound while this remains the case. Equity markets have led the way so far.
Risk appetite should improve this week
The latest reports about progress towards a US-China trade agreement suggest that a phase one deal is back on track. If history is a guide, interest in risk assets, including the base metals, should rebound while this remains the case. Equity markets have led the way so far.
Aluminium: Looking for a short-term rebound
Aluminium’s price action is demonstrating consolidation overall. And while it continues to trade above the uptrend line off October’s low of $1,705 per tonne, we envisage more short-term upside pressure will emerge, especially if a phase one trade deal between the US and China continues to edge...
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