MMTA CONF: Gloomy minor metal market sentiment on heightened Fanya stock release fears

摘要

One concern at this year’s Minor Metals Trade Association (MMTA)conference overshadowed all other bearish factors affecting minormetals prices this year: the potential release of metal stocks held bythe failed Fanya Metal Exchange.While global uncertainty and oversupply continue to weigh onminor metals price sentiment in 2019, as expected, most delegateson the sidelines of the conference in Edinburgh, Scotland, weretalking about whether the former Kunming-based minor metaltrading platform would release stocks into the spot market.“Fanya is the bad dream that does not seem to go away,” aUS-based trader said.