Aluminium to slip into a deeper deficit
Slower growth in primary aluminium production and strong consumption suggest the aluminium market will see a larger deficit over 2022. This deficit,…
A delicate balance for copper
Copper prices could slip moderately in 2022 given the overall global macro picture. But given supply constraints and its appeal to investors as the key…
A matter of class in the nickel market
The primary nickel market could swing back to surplus in 2022, but a structural deficit in the Class 1 market may remain sticky. This, compounded with low…
With the Fed ready for policy rate lift-off and global liquidity conditions gradually tightening, headwinds from rising US real yields may result in a…
Iron ore demand has bone the brunt of deep cuts in the Chinese steel sector. However, with supply continuing to improve, the seaborne iron ore market is…
