[SMM Energy Flash] Dongfang fait progresser les projets énergétiques de Batam alors que Tanjung Sauh approche de sa mise en service.

[SMM Shanghai Spot Copper] Looking ahead to tomorrow, the intraday SHFE copper intermonth backwardation spread remains at a relatively high level of 570-600 yuan/mt. Coupled with persistently tight availability of cargoes in the Shanghai market, this provides strong support to spot premiums. According to SMM's market communication, mainstream quotations for standard-quality copper with next-month invoices are largely maintained at premiums of 550 yuan/mt or above, with suppliers showing limited willingness to sell at low prices and still-strong sentiment to hold prices firm. However, as spot premiums have climbed to high levels, downstream enterprises' acceptance of current quotations has weakened markedly. Some enterprises have chosen to postpone purchases and wait for premiums to pull back before restocking, while actual intraday transactions remain mainly driven by rigid demand. Meanwhile, as the market enters September, a new procurement cycle is about to start, and some downstream enterprises and traders have restocking demand, which may provide some support to the lower end of spot premiums. Overall, supported by elevated backwardation spreads and tight availability of cargoes, Shanghai spot copper quotes against the SHFE copper 2609 contract are expected to remain at high premiums tomorrow. However, the dampening effect of high premiums on downstream purchases is gradually strengthening, so room for further rapid rises in premiums may be limited and premiums are likely to consolidate at highs.

Le régulateur indonésien de l’amont pétrolier et gazier, SKK Migas, voit des opportunités pour de nouveaux investisseurs de réactiver des zones d’exploitation pétrolières et gazières inactives dans le sud de Sumatra, alors que le gouvernement cherche à remettre en développement des actifs amont sous-utilisés et à soutenir la production nationale.

[Guangdong : le centre des prix du zinc recule et les stocks baissent, les primes au comptant augmentent] Dans le Guangdong, le zinc 0# courant s’est négocié entre 26 060 et 26 335 yuans/tonne. Les marques principales étaient cotées à des décotes de 120 à 60 yuans/tonne par rapport au contrat 2610 et à une prime de 15 yuans/tonne par rapport au zinc au comptant de Shanghai. L’écart de prix Shanghai-Guangdong s’est élargi......