Base metals run into dip buying on LME, but will there be follow-through buying?

Base metals prices on the London Metal Exchange rebounded on the morning of Tuesday April 26, while those on the Shanghai Futures Exchange were generally weaker in response to LME weakness on Monday.

Dip buying seems to be unfolding again but, given the stronger macro-economic headwinds, we would be wary in case this rebound does not last. The slide in China’s renminbi yuan...


William Adams

April 26, 2022

07:48 GMT