Metals turn bearish

RHB Research is turning cautious on the prospects for the metals market, especially aluminium, due to the structural changes in the demand-supply dynamics. — Reuters

PETALING JAYA: The global aluminium demand-supply fundamentals are turning bearish as China’s smelters ramp up capacity despite weak output prospects from the European Union markets.

RHB Research is turning cautious on the prospects for the metals market, especially aluminium, due to the structural changes in the demand-supply dynamics.