LIVE FUTURES 06/10: Macro bearishness drives base metals retreat

October 07, 2021 / www.metalbulletin.com / Article Link

London Metal Exchange base metals closed mostly down on Wednesday October 6, with most of the market closely watching macroeconomic developments in China and the United States.

Still, analysts noted that while risks from macroeconomic events put downward pressure on base metals prices, a lack of supply across commodities continues to keep metals relatively range-bound.

"Our base metals in contrast remain largely in a quandary with a low and still declining stocks environment countered by events in China as well as a polarized political outlook in the USA where there remains a threat around the two sides not reaching an agreement to raise...

Recent News

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com

Most major producers rise but TSXV gold mixed

October 06, 2025 / www.canadianminingreport.com

Platinum, palladium, copper gain on green China, supply constraints

September 29, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok