Supply cutbacks in China look increasingly likely

Measures to contain the spread of coronavirus in China have already dealt a heavy blow to metals demand. But the longer China’s economy remains part-suspended, the greater the chance that supply is also curtailed substantially. The scale of any supply loss will vary by metal according to the relative size of China’s output, its regional distribution, as well as metal-specific features of the production process.
Kieran Clancy Assistant Commodities Economist
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