LME base metals prices holding up despite weak Chinese data

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Thursday March 31, with a slowdown in Chinese manufacturing likely to weigh on overall sentiment.

• China’s purchasing managers indices (PMI) for manufacturing and non-manufacturing dropped into contraction mode in March. • This raises the prospects of stagflation, but the silver lining is it may spur China into...


William Adams

March 31, 2022

08:41 GMT