The Impact of "Carbon Reduction" on Commodities

In the face of global warming and the increasingly serious greenhouse effect, China, as an economic powerhouse and also the world's factory, has demonstrated its determination to take the path of green development.
On July 30, the Politburo meeting of the Communist Party of China proposed that it is necessary to coordinate and orderly do the work of carbon peaking and carbon neutrality, and introduce the carbon peaking action plan by 2030 as soon as possible, adhere to the national chess game, and correct the movement of "carbon reduction". Establish first and then break, resolutely curb the blind development of the "two highs" project.

In August, the most "trendy" word on the market was the sporty "carbon reduction". Many industries are discussing, what is a sport-style "carbon reduction"? What are the consequences of sports-style "carbon reduction"? What are the effects of corrective campaign-style "carbon reduction" on commodities? In response to the above problems, professionals believe that in the third and fourth quarters, the supply-demand relationship of industrial products such as steel, coal, and non-ferrous metals is expected to be further straightened out, and the price fluctuations in the bulk commodity market will tend to ease.