Commodity Spotlight Base Metals 23 October 2013

Varied picture on the metal markets

At present, the specific situation on the metal markets is being overshadowed by general macro data and political imponderables. The fundamental data, however, should not be ignored. The autumn meetings of the various International Study Groups have provided an insight into the situation on the respective metal markets, revealing extremely different trends: while the supply of copper and nickel is being expanded, the situation for zinc and above all for lead is becoming ever tighter.

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