ICBC

While we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are supplied to our consumers. Metal demand prospects took a hit just after Xi Jinping’s energy consolidation, with some fearing an emboldened regime may well opt to extend aggressive Covid-curbing policies. Tin prices fell to a fresh 2022 low, and gold and silver prices also moved lower. A surprise contraction in US manufacturing PMI for October also hit metal sentiment. JPMorgan and ICBC Normal Bank Plc have halted organization in China’s bonded copper warehouses, according to Bloomberg...