Abstract:
After the outbreak of the COVID-19, the spot and futures prices of major mineral products have fallen sharply in the short term, and the stock prices of domestic and foreign listed mining companies have also fallen sharply.Domestic mining companies are facing problems such as generally tense employment, blocked logistics and transportation, weak supply and demand ends, and delays in overseas projects.Recently, the government policies support reducing pressure on domestic mining companies and boosting market confidence.The mining stocks sector has generally rebounded.In 2020, there is a high probability that the demand for mineral products will decline overall, and the situation of the mineral market is expected to show differentiated characteristics.Therefore, it is recommended to pay attention to the recovery of the mining market and downstream industries, the international competition between China and the United States for mineral resources, and the fluctuation of the mining market.Take multiple measures to promote the smooth operation of the market and reduce the impact of the epidemic.