Commerzbank Sees Growing Possibility of Corrections in Base Metals

Published: Sep 5, 2017 09:58

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Possibility is increasing for base metals to face corrections and the extent of corrections will grow as well, an analyst at Commerzbank said.

SHANGHAI, Sept. 5 (SMM) – Possibility is increasing for base metals to face corrections and the extent of corrections will grow as well, an analyst at Commerzbank said.

China Aluminum Stocks Add further after Reaching All-Time High, SMM Says

Copper and other base metals have been overbought and broken away from market fundamentals, the analyst explained.

Aluminum to Remain in Upward Track if China Intensifies Capacity Cuts and Environmental Crackdowns, SMM Says

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