China Copper Concentrate Imports from Panama Proliferated in February_SMM
In January 2023, China imported 41,300 mt of copper concentrate from Panama, up 2.06% year-on-year and 2.29% month-on-month.
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In January 2023, China imported 41,300 mt of copper concentrate from Panama, up 2.06% year-on-year and 2.29% month-on-month.
SMM believes that the conflict between First Quantum Minerals and the Panamanian government should be the most intense in January-February 2023, forcing the company to announce a force majeure notice to a Chinese trader for copper concentrate scheduled for February.
Six product categories - petroleum, crude oil; coal, coke; diamond, precious metals; chemicals, pharma, rubber, plastics; electronics; and machinery - account for 82 per cent of India's total merchandise imports.
SHANGHAI, Mar 28 (SMM) – Malaysia, Russia and Canada were the top three destinations of Chinese prebaked anode exports January-February 2023.
SHANGHAI, Mar 27 (SMM) - LME lead prices went up last week as the US dollar index softened after the Federal Reserve raised interest rates, while SHFE lead prices hovered sideways, sending the SHFE/LME lead price ratio lower.