Goldman Warns Metal Rally at Risk as Users ‘Respond Negatively' [Yahoo! Finance]
HONG KONG EX&CL UNSP/ADR (HKXCY)
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Source: Yahoo! Finance
“The real producers on the ground, they start to respond negatively,” Trina Chen, co-head of equity research, said in a Bloomberg Television interview. “We're seeing some pullback in demand.” Most Read from Bloomberg NYC's Mamdani Crushes Snow Day Hopes, But He Yearns for It Too Boston's 18-Inch Snow Deluge to Make Travel Hard to ‘Impossible' London's Vanishing Office Buildings Are Being Replaced by Hotels Storm Recovery? That's a Job for a Tool Library LA Council Sends Mansion Tax Changes Back, Dimming Prospects Metals from copper to aluminum have powered higher in the opening weeks of 2026, as global investors pile into industrial commodities in bets on tighter supply, a weaker US dollar, and Federal Reserve interest-rate cuts. Still, more cautious analysts have flagged weaker activity in China. Goldman's most recent survey of the copper market showed order books at fabricators had fallen by 10% to 30% as users in industries from consumer electronics to hardware pul
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