| Zinc, aluminum and nickel have become a profitable play for investors who have taken a net long position in base metals as supply would dip in the near future, several analysts noted. Robin Bhar, Societe Generale research head, said bargain hunters looking for value should take advantage of the current low prices of base metals before a probable price hike.
“Supply/demand balances are tightening, so that should provide a good support level and help to repel some of the downside moves,” Bhar told Reuters. “I've heard that consumers and merchants are looking to do more hedging again, and there's been good dip buying.”.........................................Full Article: Source
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