World: Volatile base metal prices amid global crisis.

Section: Business News - Of late, China and the US have shown positive development in their economies, as evidenced from the latest economic indicators. This should be a good omen for the base metal price trend. Although numerous signs suggest that the worst may be over for the US and Chinese economies, it may be a lengthy process before the global economy emerges from doldrums. Thus, base metal prices are likely to remain volatile. Kasikorn Research Center (KResearch) conducted an analysis of metal price movements, and concluded some key points of note.

Base metal prices have been hurt by a number of negative factors, i.e., shrinking global demand for base metals …