Market Summary: Time for bargain hunters?

July 10, 2018 / www.metalbulletinresearch.com / Article Link



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Aluminium: Steadying around $2,100 per tonne
Aluminium prices appear to be steadying around $2,100 per tonne, having unwound virtually all of the Rusal sanctions rally that reached $2,587 / tonne on April 19. The level that the consolidation is taking place at present coincides with our recently-revised base case Q3 forecast.

Copper: Is the copper bull dead?

As copper prices finally seem to have found a floor and attempt to rebound, we take a step back in this week’s analysis to look at the long-term picture and share...

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