With demand from China expected to slow, the outlook for metals, once dominated by the omnipotent force of one of the world’s largest and fastest growing economies, is likely to see cyclical pressures impact pricing. With the recent rally across the metals complex now in the rear view mirror, is it time for investors to take money off the table? While certain markets have begun to mean revert – copper is one example – a UBS report out Monday observes that investors they speak with are looking to buy the dips.
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