Citi Advises Caution for Base Metals Until US Election Clears Policy Outlook

Mumbai, 06 Sep (Commoditiescontrol): Citi has reiterated a cautious stance on base metals until post-US election clarity on US-China policy and Fed rate cuts possibly boost manufacturing sentiment.

The firm maintains its 0-3-month forecasts with copper at $9,500 per ton, aluminium at $2,500 per ton, and zinc at $2,800 per ton.

This outlook reflects Citi's anticipation of volatility driven by geopolitical and economic policy developments.

(By Commoditiescontrol Bureau; +91-9820130172)