Title: COVID-19 Update: Impacts to Metals Markets
Duration: 45 minutes
Since our first COVID-19 Metals Markets Impacts webinar in April, lockdown measures implemented to slow the spread of COVID-19 have been easing around the world. This reopening, combined with significant monetary and fiscal stimulus by central banks and governments globally, has allowed industrial metals prices to rise from first-quarter lows, on hopes that metals demand will begin recovering. The possibility of a second wave of COVID-19 infection as lockdowns are eased nevertheless remains a significant downside risk to prices for the rest of the year, despite local supply-side impacts that could provide some price support for particular commodities.
Join us as we update our projections for metals market demand and supply in the midst of the COVID-19 pandemic, and provide insights on the impacts to key commodities.
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