Supply of Copper Scrap Continued to Recover as the Copper Prices Trended Higher_SMM
Copper scrap supply continued to improve as the scrap traders sold more goods amid the rebound in copper prices since mid-July.
Source: metal.com
Page 8 - Guixi News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Guixi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Guixi Today - Breaking & Trending Today
Exclusive: China's Metals Output in August_SMM | Shanghai Non ferrous Metals
China's copper cathode output stood at 856,500 mt in August, up 1.97% month-on-month and up 4.54% year-on-year.
Source: metal.com
SMM Evening Comments (Sep 8): Shanghai Nonferrous Metals Closed with Gains _SMM
Shanghai nonferrous metals closed mostly with gains. Overnight US dollar index dropped after hitting high, which did not put further pressure on the base metals. Nonetheless, the US monetary policy in September is still expected to be hawkish.
Source: metal.com
SMM Evening Comments (Sep 7): Shanghai Nonferrous Metals Closed Mostly with Losses amid Rising US Dollar_SMM
Shanghai nonferrous metals closed mostly with losses amid rising US dollar, which weighed on the non-ferrous metals. And the market players also awaited the Beige Book to be released by the US Federal Reserve.
Source: metal.com
Spot Copper Premiums Rose amid Narrowing SHFE Contract Spread and Failed Copper Import Expectations_SMM
In addition, the expected customs clearance of imported copper failed to release, and the SHFE 2209 and 2210 contract spread also narrowed to some extent, providing solid ground for traders to hike the premiums.
Source: metal.com