Base Metals Rise as China Reopens Markets Post-Lunar New Year

Base metals experienced gains as China's markets resumed activity following the Lunar New Year holiday. Bloomberg posted on X that the reopening comes amid speculation that China might see reduced tariffs from the United States. This development has sparked optimism in the metals market, as traders anticipate potential economic benefits from improved trade relations between the two nations. The market's positive response highlights the significance of China's role in global metal demand and the potential impact of U.S. tariff adjustments on the sector.