News Snapshot:
[Iron ore price up on China’s export growth] Copper price fell on Tuesday after China declared it will keep its economic operations within a reasonable range over the next 18 months and take “comprehensive measures” to ease rising commodity prices. Giving an outlook for the second half of 2021 and next year at a meeting with economic experts and entrepreneurs on Monday, Premier Li Keqiang said China would maintain continuity and stability in its macro policies and would not resort to flood-like stimulus. China’s central bank last week said it would cut the amount of cash banks must hold as...
