China’s Economic Resurgence Boosts Global Commodity Prices

Via Metal Miner Month-over-month, the Renewables MMI (Monthly Metals Index) ended up dropping significantly by 11.16%. The main culprit for this was cobalt prices dropping significantly in August, despite prices flattening again in the beginning of September. Steel plate prices also found support as of September 6th. Most other components of the index moved sideways or slightly up, including silicon. Despite supply abundance for silicon, China’s economy managed to rebound, thus adding support to silicon prices. However, many factors remain…
Author: Metal Miner