BASE METALS

Goodnight Fe, good evening Cu

Iron ore's time in the sun has come to an end, while copper's ability to sustain itself above the US$3 per pound ($6615 per tonne) mark looks shaky, according to Barclays, one of the UK's biggest banks.

Copper and iron ore miners should ready themselves for retreating commodity prices, according to a Barclays note

Copper and iron ore miners should ready themselves for retreating commodity prices, according to a Barclays note

"We await a near-term catalyst to send [copper] prices lower," Barclays analyst Dane Davis said in a note this week. "However, we increasingly believe that iron ore's momentum has run its course, with...

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