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CPER - Base Metals Q1 2019 Review And Outlook For Q2 2019
United States Copper Index Fund ETV
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% for the year. In 2018, the industrial commodities shed 15.78% of their value.
All of the six base metals that trade on the London Metals Exchange posted gains in Q1 compared to their prices at the end of Q4 2018. The best performing commodity in the base metals sector in Q4 was nickel which rose by 22.8%. Zinc appreciated by 19% and tin rose