The prices of most commodities edged higher this week, bolstered by a weaker US dollar. There is now evidence that the government-mandated winter cuts in China have started to take their toll on industrial metals production. However, we doubt that output will fall by as much as originally anticipated.
The next edition of the Commodities Weekly Wrap will be published on Friday 5th January. Capital Economics’ London office will be closed after 22nd December and will reopen on the 2nd January. We wish all our readers a Merry Christmas and a Happy New Year.
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