Volatile Metal Prices To Persist As China Grapples With Covid Spike ...Middle East

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Volatile Metal Prices To Persist As China Grapples With Covid Spike
source : OILPRICE ( Middle East ) () 15
Via AG Metal Miner   There have been a number of dynamics driving metals prices this year. They’ve ranged from the strength of the USD to the war in Ukraine to the still-ongoing energy crisis. However, as with the past two decades, the primary recurring theme remains Chinese demand. As both producer and consumer of most of the world’s major and minor metals, China is the driving force in supply. In short: when China sneezes, the entire metal market catches a cold. COVID-19 Continues to Affect Chinese Consumption Many investors…

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