BASE METALS

China dominating global metals demand

An unexpected surge in China’s trade activity in June was fuelled by a rapid increase in metals demand as Beijing’s unprecedented stimulus package continued to bear fruit.

China's demand for metals has surged following a COVID-19-led slump

China's demand for metals has surged following a COVID-19-led slump

Preliminary trade data for June, released on Monday night, showed total goods imports rose by 2.7% year-on-year in June, having been down by 16.7% in May. "If evidence was needed that China has once...

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