Tag: base metals prices

  • Base metals prices under pressure on surging dollar

    Base metals prices under pressure on surging dollar

    Base metal prices on the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE) showed a downward trend on the last trading day. Weak global sentiments, a result of slowing Chinese demand, and monetary policy tightening in major global economies, is likely to have a negative impact on global non-ferrous metal demand in CY2022,…