Goldman Sachs: Tight supply and Chinese Demand Will Push up Metal Prices This Year

Опубликовано: Apr 13, 2023 17:02
Источник: SMM
Goldman Sachs said On April 12 that tight inventory and China's demand growth may push up metal prices.

SHANGHAI, Apr 13 - Goldman Sachs said On April 12 that tight inventory and China's demand growth may push up metal prices.

Metal prices have been largely flat so far this year amid a slowing U.S. economy, among other factors.

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However, global physical inventories of all industrial metals are currently falling, as economic activity in China picks up and demand for metals picks up expansionary in an environment of shaky supply conditions.

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Goldman Sachs: Tight supply and Chinese Demand Will Push up Metal Prices This Year - Shanghai Metals Market (SMM)