After China eased the pandemic restrictions, food and minerals escalated, which can move demand in the most important and largest economy in the world.
The price hike included most of the precious metals including copper, even crops such as wheat, as stocks of companies rose across the sector.
The easing of restrictions has increased the level of recovery that started on Wall Street, with risky assets rising, perhaps a sign that the US Federal Reserve may delay its target of raising interest rates.
China's economy has a positive and noticeable impact on global growth prospects with regard to commodity prices and asset markets in the near term, as the London Metal Exchange witnessed a rise, especially in aluminum by 6%
In the US, stocks of companies across the commodities industry rose.
For example, the offshore oil and gas exploration company Transocean Ltd. rose up to 14 percent, high levels that highlight the role of the commodities industry.
Do you think China is ready for some crazy commodity movement
I think China will have great movement by metals movement and other important fields
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Dear @menox98,
May I ask you to review and support the new HiveSQL Proposal so we can keep it free to use for the community?
You can do it on Peakd, ecency,
Thank you!