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Does Price Recovery Signal a Revival For Metal Stocks?

Are metals out of the trough or will the slump continue?

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Published 5 years ago on Apr 27, 2016 1 minute Read

Neelkanth Mishra, India equity strategist, Credit Suisse

Commodity prices have rebounded from 25-year lows hit in January 2016 and prices are up for most large commodities. Previously, the rebound fizzled out in April-May because of weak seasonal demand. But that seems unlikely this year due to three reasons. First, the DXY (dollar index spot) weakness will help stabilise cost curves. Second, the Chinese policy focus has turned from supply-side reform to demand stimulation

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