Base metals prices weaker across the board as headwinds gain strength

Base metals prices on the LME and SHFE were down across the board on Monday April 25, amid continuing concerns over slower growth in China, because of Covid-19 lockdowns, and due to rising interest rates, inflation and energy costs everywhere else.

China’s renminbi yuan continues to slide to 6.5475, after trading either side of 6.3400 through the first quarter China’s mass Covid-19 lockdowns have spread, with Beijing now in the...


William Adams

April 25, 2022

07:34 GMT