Aluminium, Zinc, Copper Commodities Outlook : PINC Research
Aluminium prices have moved up. However, we expect them to become choppy again. The move is in line with our view of a steady rise in prices of the metal, with choppy interludes along the way. Zinc prices remain sideways. A steady advance can result from this trend. A move below $2200 can generate weakness in the trend. Over the medium term we expect broad two way moves. Copper prices continue to advance firmly and have made a new high. The trend is positive at present and is likely to continue in the same vein. A move below $9000 would be a negative development.