Base metals supercycle to continue at lower prices

LONDON-based Natixis Commodity Markets has released its quarterly base metals analysis and has said that while base metal fundamentals were still strong, prices across the complex would most likely remain below their recent historical highs.

Base metals supercycle to continue at lower prices Base metals supercycle to continue at lower prices Base metals supercycle to continue at lower prices Base metals supercycle to continue at lower prices Base metals supercycle to continue at lower prices

NCM, a metals trading group, said a constant stream of bullish news is required to maintain prices at current levels; however, it also said the supercycle still has “some way to go”.

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