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

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February 2020 | Base Metals


Base metals investment analysis: Higher prices will come when spec positioning normalizes


Speculative positioning may have got overly short in response to the coronavirus uncertainty. At some point, positioning will normalize and recalibrate with the underlying macro and fundamental narratives for the base metals. That should bring higher prices.


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