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Base metals: Reasons to Be Cheerful and Fearful

Base Metals

21st October 2022: Base metal prices have fallen sharply this year, as Russia’s invasion of Ukraine sent shockwaves through financial markets. While demand growth has…

October 21, 2022

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Russian Aluminium: The Door Is Closing

Primary Aluminium

Russian Aluminium – The Door Is Closing 6th October 2022: Aluminium prices have rallied as the market starts to worry about low LME stocks and…

October 6, 2022

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Copper Falls – Setback or Existential Crisis?

Copper

28th September 2022: Copper prices fell in the past month, as inflation seems to be running out of control in the US and recession fears…

September 28, 2022

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Aluminium: Energy Spike Alters Risk-Reward

Primary Aluminium

6th September 2022: Aluminium prices fell in August, as demand weakness combined with a stronger USD and declining risk appetite. Meanwhile, gas prices surged in…

September 9, 2022

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Tight Zinc Market Battling Global Growth Headwinds

Zinc

After two years of stimulus-fuelled gains, zinc prices are off highs as global growth headwinds threaten the zinc demand outlook and broader risk appetite. However,…

May 30, 2022

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China’s COVID Absolutism Roils Metal Markets

Base Metals

Aggressive measures to tackle China’s COVID-19 resurgence have badly hit its economy, but Beijing remains resolutely committed to its zero-COVID approach. Along with a soft…

April 27, 2022

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Can China Import Demand Sustain Tin Price Gains?

Tin

The tin price has receded since early March but maintains its underlying bull market uptrend. China’s import demand is likely to absorb stronger ex-China production…

April 11, 2022

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Copper Battling Headwinds Despite Long Term Optimism

Copper

Copper prices set an all-time high of $10,845 in early March after Russia’s invasion of Ukraine, but have since pared gains amid LME liquidity issues…

April 1, 2022

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Base Metals Rally Gets Messy Amid LME Liquidity Crunch

Base Metals

Base metals prices have retreated from early-March extremes. Risk-aversion hit the complex despite tight underlying physical markets and feared disruption to Russian supply amid sanctions.…

March 18, 2022

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