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Copper, aluminium seen deflating in 2017 after speculative rallies
Published Sun, Jan 29, 2017 · 09:50 PM
London
COPPER and aluminium prices are expected to lose steam this year after speculators pushed up both markets despite surpluses that will persist into 2018, a Reuters poll showed.
Zinc, which has been a favourite of investors, is expected to retain most of its heady gains from last year while nickel may rebound from recent losses, according to analysts' forecasts.
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