Base metals set to rebound in 2020: Ausbil

Original article by Nick Evans
The Australian – Page: 18 : 11-Nov-19

The price of copper remains below $US6000 per tonne on the London Metals Exchange, having reached a low of $US5,610/tonne in early September. However, Ausbil portfolio managers are upbeat about the outlook for copper and other base metals in 2020; they say indications that the US-China trade war is stabilising should be enough to prompt manufacturers to begin restocking their raw materials inventory.

CORPORATES
AUSBIL INVESTMENT MANAGEMENT LIMITED, LONDON METAL EXCHANGE LIMITED

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