Welcome to the Let the Money Talk podcast by PhillipCapital India. In this episode, PhillipCapital's research analyst provides a view on the Base Metals Pack - Copper and Zinc dated 1st March 2024 As we are recording this podcast on 1st march China PMI data for Feb 2024 stood at 49.10 vs 49.2 in Jan 2024. Since Sep 2023 PMI has been steadily declining from 50.20 to 49.10 in feb 2024. Reading below 50 indicates the economy is in contradiction phase. This is likely to weigh on global base metals demand, as China is a dominant consumer.

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