Rally In Base Metals Can Sustain Through End Of This Year, SocGen Says
(WorldNews Business)

A strong start to the year, a weak patch from February-end till June and a thumping rally since then. That´s been the trajectory of base metals so far in 2017. Copper and aluminium have been the best performing base metals this year, each up 15 percent year-to-date. Zinc has gained 13 percent while tin and nickel have lagged. The current rally has been buoyed by a pick-up in global economic growth, hopes of revival in demand, especially in China and euro zone and dollar weakness. Signs of stability in China, in particular, has driven the rally, Robin Bhar, head of metals - global markets at Societe Generale told BloombergQuint in an interview. Here are edited excerpts...