BASE METALS

Copper, zinc head in different directions in China

Diverging fundamentals for copper and zinc in China are set to become more pronounced in the coming months, as a softening macroeconomic environment will weigh on demand and prices for the red metal while continued supply tightness will keep zinc prices elevated.

Shi Weijun
Copper, zinc head in different directions in China

China's "dual control" mechanism last year to reduce energy intensity and to limit total energy consumption blindsided the nonferrous metals sector last year, as the central government turned the screw...

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