Base metal prices on the London Metal Exchange were mixed, although largely unchanged by the 5pm close on Wednesday November 10.
"After such a massive bout of risk reduction, prices were always likely to enter a choppy phase," Alastair Munro, LME desk analyst at Marex said.
"Enough uncertainty remains to make any view tough to hold. Largely speaking, we still see a largely positive micro picture, albeit with some nuances amongst each metal," he added. "On the flip side, whether inflationary or property related, there remain enough macro concerns weighing on sentiment."
The...