Chile Copper Export Earnings Soared in March, Global Copper Tightness Eases Remarkably_SMM
Chile’s earnings from copper exports rebounded sharply in March after falling sharply in the first two months of the year.
Source: metal.com
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Chile’s earnings from copper exports rebounded sharply in March after falling sharply in the first two months of the year.
The BDI rebounded this week on the back of stronger demand for Capesize and Panamax ships.
SMM expects that copper inventories in Shanghai and Guangdong bonded zones will continue to fall next week but the decline will slow down further.
Global iron ore shipments rebounded this week, according to SMM survey.
The price difference between high and medium-grade ore stabilised last week, while that between medium and low-grade ore narrowed.