Aluminium hit a six-month peak on Wednesday as the appetite for risk increased among investors who took a more upbeat view on the Chinese economy and saw commodities as relatively cheap. A bounce in oil prices also bolstered metals markets, helping send zinc to the highest since July last year and copper to a four-week high.
"I think there's some restocking coming through in China based on some stability in the economy and generally we're seeing some risk appetite coming back. There's a certain warming towards commodities in general," said Robin Bhar, head of metals research at Societe Generale in London...............................................Full Article: Source
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