| Copper and zinc lost a quarter of their value in 2015 while nickel fell by more than 40 per cent as slowing growth in top consumer China, a supply overhang and a strong US dollar hammered industrial metals.
Worries about tighter supplies to come capped lead's losses at four per cent, while aluminium and tin ceded 19 per cent and 24 per cent respectively, on concern about market surpluses. A rising greenback makes dollar-denominated commodities more expensive for non-US buyers...............................................Full Article: Source
|