RJZ - Industrial Metals Prices Performing Well

• According to Capital Economics, nickel, tin and zinc have been hit the most, each down 8% to 11% for the first three quarters of 2020 over 2019.
• It would be a brave observer to bet against the Chinese economy but there are a number of factors to suggest the current drivers will ease into the spring of next year and that base metal prices could finish somewhat lower by the end of 2021, Capital Economics believes.
• Some of the investor interest in copper, platinum and palladium is longer term and based on speculation that the migration to a greener future, to less polluting technologies such as electric vehicles, hydrogen fuel and renewable technologies will boost demand for copper, nickel, silver and PGM's, such as platinum and palladium.

For further details see: