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Growth in China's industrial production lifts prices of metals

April's 3.9% rise in production, a recovery from 1.1% decline in March, exceeds analysts' predictions

Published Sun, May 17, 2020 · 09:50 PM

London

A SLIGHT recovery in copper and several other base metals prices is a further indication that China's economy - the world's second-largest - is beginning to grow again.

The revival is from extreme low levels. From their peaks in 2018, the prices of aluminium and zinc are still down by 46 per cent, lead by 37 per cent, copper and tin by 30 per cent, and nickel by 37 per cent from its 2019 top.