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China’s comeback turbocharges base metal prices

China’s comeback turbocharges base metal prices

Industrial metals have ripped higher since November on bets that China’s reopening will boost demand for raw materials.

A group of “base metals” led by tin, zinc and copper have surged more than 20 per cent in three months, further supported by the US Federal Reserve signalling a slowdown in the pace of interest rate rises and a softening in the US dollar, which importers use to buy commodities.

Star performer tin has rocketed…


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