Insight - Scorching base metals rally to cool


Market shift: An employee operates a crane to lift aluminium wires at a warehouse in the Shandong province. Median forecasts imply a retreat from current base metal prices this year. — Reuters

THE London Metal Exchange (LME) index of base metals surged 38% higher last year as pandemic demand recovery met supply chain disruption.

Copper and tin soared to all-time record prices, while aluminium, nickel, zinc and lead each hit multi-year highs.

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metals , rally , LME , aluminium , Andy Home ,

   

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