Fitch Solutions: Metal prices expected to maintain strong in 2022-2023
Time:Fri, 28 Jan 2022 07:33:01 +0800
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Fitch Solutions, a credit intelligence provider under Fitch Group, said that metals prices have been on an upward trend since 2020 and will maintain strong this year and next.
Although Fitch Solutions foresaw that the average prices of most metals will be slightly lower this year compared to last year, the prices will be still high from the historical levels. Besides, miners and metals producers remained optimistic about the outlook for this year, and they believed the prices won’t fall to the previous lows.
Chowdhury, a senior commodities analyst at Fitch Solutions, said China will still be the main driver to influence the future metal price trend.
