BASE METALS

China's anti-pollution drive to support 'green' metals prices, says Saxo Bank

China's ongoing efforts to combat pollution will offset signs of slowing growth and support the price of metals integral to decarbonisation over the short to medium term, Saxo Bank said on Wednesday.

China's anti-pollution drive to support 'green' metals prices, says Saxo Bank

Ole Hansen, Saxo's head of commodity strategy, said inelastic supply chains resulting from a lack of support for permitting and scarcity of capital due to ESG concerns were key bullish factors. "With...

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