Macroeconomic headwinds push LME base metals lower

November 03, 2021 / www.metalbulletin.com / Article Link

Bearish macroeconomic indicators pushed prices to trade lower on the London Metal Exchange on Tuesday November 2.

Chinese manufacturing purchasing managers' indices (PMI) in recent days have indicated slower growth month on month, which has helped to drive bearish sentiment in the metals market.

"It does look as though some major parts of China's economy are struggling," Fastmarkets' head of...

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