Metals

Industrial Metals Update

11 June, 2019

US-China trade war prompts cuts to our forecasts

We have now factored into our forecasts a ratcheting-up of trade tensions between the US and China over the next year. Given this, we have shaved our projections for the prices of some metals. However, we still expect base metals prices to start rising again in 2020, partly due to producers curtailing supply.

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