SHANGHAI, Sept. 8 (SMM) – The big gains in commodity futures prices since July have been driven by three major factors, Zhang Lu, macro analyst from CEBM, said at SMM 7th Tin Supply Chain Summit held on September 7-8.
Aluminum to Remain in Upward Track if China Intensifies Capacity Cuts and Environmental Crackdowns, SMM Says
First, demand was stable, which eased market pessimism. Second, supply-side reform was more aggressive than expected. Third, monetary policy was not tight.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: firstname.lastname@example.org or email@example.com.