Benchmark London copper retreated on Friday and was on track for a fifth straight weekly loss on worries that fresh covid-19 restrictions could slow the pace of infrastructure projects.

Head of the IMF said the outlook for the global economy had "darkened significantly" since April.

Hedge-fund managers recently slashed bets on higher commodity prices to the lowest in almost two years.

The man nicknamed ‘Big Shot’ is poised to walk away from the 2022 nickel fiasco with his company, Tsingshan Holding Group, intact and even expanding.

The share sale breaks a months-long drought for large offerings in Hong Kong.

Goldman Sachs expects the metal price to average $100 per tonne in Q2 2022.

Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.