MARKET TALK: LME Markets Face New Dynamics As Stocks Rise

The dynamics of several of the base metals markets have changed as the relentless stock falls are now no longer evident, says BaseMetals. "With growing concerns over the demand outlook, especially in the US, consumers no doubt think the metals are switching from a sellers market to a buyers market," BaseMetals adds. Yet potential buyers "may feel in no need to restock" and London Metal Exchange prices seen drifting until they do.