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SMM Analysis: China Copper Output Fell Short of Expectations amid Tight Blister Copper Supply in July_SMM

SHANGHAI, Aug 8 (SMM) – China’s copper cathode output was 840,000 mt in July, down 2% MoM and up 1.1% YoY, SMM data showed. ....

Chifeng Jintong , Fuye Group ,

Blister Copper Rcs to Remain under Pressure amid Tighter Supply _SMM

SHANGHAI, Jul 18 (SMM) –The SMM RCs of domestic blister copper were 1,150-1,350 yuan/mt in south China in June, down 50 yuan/mt MoM, and also 1,150-1,350 yuan/mt in north China, up 50 yuan/mt MoM, while the RCs of imported blister copper were $140-160/mt CIF, flat MoM.  ....

South Africa , Jiangxi Hefeng , Fuye Group ,

Upside Room of Copper Prices to be Limited, with Eyes on Domestic Consumption_SMM

The US Federal Reserve has reached a consensus on raising interest rates by 50 basis points each in June and July, but is divided over the path of interest rate hikes after September. ....

United States , Janet Yellen , Joe Biden , China State Council , European Central Bank , Fuye Group , Secretary Janet Yellen , State Council , Tongling Non Ferrous ,