China has recently released the winter heating season policies for 2020/21, and while the initial view is that supply disruption may be less this year, there are still question marks over the impacts on demand.
China will soon release details for the 14th “Five-year Plan”. "Dual Cycle economy" is the new catchphrase but find out the potential impact on commodities demand, and which metals stand to benefit most from the new policies.
Metals prices started to weaken in September but since the October holiday market sentiment has held up well. Find out where we see demand and prices heading in the final quarter of the year.

New Energy Vehicle sales have been surging in China and globally, raising interest in the sector. However the supply side for battery materials remains more plentiful, which may hamper further price gains in the near term.

Join our call to hear our teams view on the expected acceleration of demand into 2021 and how this could impact raw materials prices.