Focus: Polls apart ................................................................................................................................... 3
Consumption indicators ........................................................................................................................ 6
Global Forecasts ..................................................................................................................................... 9
BASE METALS ...............................................................................................................................11
Aluminium .............................................................................................................................................12
Copper ....................................................................................................................................................16
Lead.........................................................................................................................................................21
Nickel.......................................................................................................................................................26
Tin............................................................................................................................................................30
Zinc..........................................................................................................................................................32
PRECIOUS METALS .......................................................................................................................37
Gold .........................................................................................................................................................38
Silver........................................................................................................................................................42
Platinum .................................................................................................................................................44
Palladium................................................................................................................................................46
DATA..............................................................................................................................................49
China trade ............................................................................................................................................50
Cost indicators ......................................................................................................................................53
Base metal stocks.................................................................................................................................54
Prices.......................................................................................................................................................56
Base metal LME cash price forecasts................................................................................................63
Precious metal spot price forecasts ..................................................................................................64