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Column: China-exposed commodities take a COVID-control tumble

Summary by Ground News
Iron ore futures in China plunged almost 11% on Monday. London-traded copper and aluminum slipped to the lowest level since early February. Beijing city government ordered mass testing for COVID-19, raising fears among residents that a lockdown was imminent.Several major cities, including financial center Shanghai, remain under various restrictions.

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The Globe & MailThe Globe & Mail
Center

China-exposed commodities take a COVID-control tumble

Fears of more lockdowns hurt an already soft demand outlook

·Canada
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GnewsGnews
Right

4/26/2022 Financial News In China: GOME Slumps After Whirlpool China Cuts Ties With Unit Over Debts Of USD12.2 Million; Communist China-exposed Commodities Take A COVID-control Tumble - GNEWS

4/26/2022 Financial News In China: GOME Slumps After Whirlpool China Cuts Ties With Unit Over Debts Of USD12.2 Million; Communist China-exposed Commodities Take A COVID-control Tumble

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ReutersReuters
Center

Column: China-exposed commodities take a COVID-control tumble

Commodities with the biggest exposure to China are starting to price in a worsening COVID-19 situation as fears of more lockdowns worsen an already soft demand outlook.

·United Kingdom
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Reuters broke the news in United Kingdom on Tuesday, April 26, 2022.
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