Rally in base metals could be short-lived

PRICES of most industrial metals will likely slide over the coming year as the financial support underpinning current demand begins to ebb, analysts at natural resources consultancy Wood Mackenzie have said.

Rally in base metals could be short-lived Rally in base metals could be short-lived Rally in base metals could be short-lived Rally in base metals could be short-lived Rally in base metals could be short-lived

Speaking on a webinar this week, WoodMac's global head of metals Simon Morris said while huge stimulus packages had buoyed the market following the COVID-19 pandemic, the pattern was unlikely to