BASE METALS

Metals demand to stagnate in 2021, LME panel hears

A second wave of COVID-19 infections across much of the developed world will hamper macroeconomic recovery and keep a lid on metals demand despite China’s best efforts, viewers of a webinar hosted by the London Metal Exchange heard on Thursday.

Ongoing COVID-19 restrictions will hamper metals demand, says economist Caroline Bain

Ongoing COVID-19 restrictions will hamper metals demand, says economist Caroline Bain

Caroline Bain, chief commodities economist at London-based Capital Economics, told viewers of the China-focused session that China's bounce-back in recent months was already priced in to metals markets,...

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