"While the severity of the new variant remains a big uncertainty, it casts a shadow over demand growth in the near future and further complicates the supply chain," said ING.
Copper, nickel and zinc prices could be saved from worst effects of any new virus-related restrictions as historically low global stockpiles intensify fears of supply disruption.
CITIC said that commodity prices could be pressured by the pandemic situation in the short term but would be supported by easing property policy in China in the long run.
The chip shortage that’s gripped the car industry by the throat is a reminder to EV executives in China of what might happen if they run short of lithium.
Researchers at the Chinese Academy of Sciences mimicked natural processes to stop the chemical degradation of electrolytes in high-voltage lithium batteries.