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COMMODITIES: BofA forecasts metal price recovery post-COVID-19

By Magda Gardner

UNITED STATES – Bank of America forecasts global copper consumption could contract by 18% year-over-year in 2020 should global GDP drop by an estimated 4.2% due to economic disruptions caused by the coronavirus pandemic. Although a decline in copper purchases of…

The post COMMODITIES: BofA forecasts metal price recovery post-COVID-19 appeared first on Canadian Mining Journal.

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