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JJCTF - Base Metals And Industrial Commodities: Q3 2019 Review And Outlook For Q4 2019
iPath Bloomberg Copper Subindex Total Return Sub-Index ETN
Base metal prices fell by 23.43% in 2015, but in 2016 they appreciated by 26.77%. In 2017, the sector of nonferrous industrial metals was the best-performing commodities sector posting a 21.99% gain for the year. In 2018, the industrial commodities shed 15.78% of their value.
The base metals sector dropped 8.14% in Q2 after a 10.77% rise in Q1 for this year. In Q3, the sector rose by 2.71% on the back of an over 36% gain in the price of nickel forwards on the LME. After the first nine months of 2019, the six