Edward Meir's Week in Review for AMU: Jan. 18, 2026

We saw big moves in the base and precious metals space last week. But this time it was to the downside. Although a few complexes closed higher, the selloffs from the weekly highs were notable. In addition, it is inevitable that speculative length finally gets reduced after several weeks of sharp gains.

From the physical side, as prices for key commodities soar, demand retrenchment—if not outright destruction—materializes. We see this sign most clearly in the Chinese physical markets. They have turned extremely quiet of late in light of the steep price run-ups. That’s particularly the case in copper, nickel, and aluminum.

Edward Meir

Edward brings more than a decade of hands-on experience in physical trading across aluminum, tin and scrap, paired with a deep fundamental market analysis background. His unique perspective strengthens AMU’s mission to deliver sharper insight, clearer context, and actionable intelligence for professionals across the aluminum value chain.