Citibank Bullish toward Base Metals in Next Few Months

게시됨: Aug 17, 2017 18:01
Citibank’s analyst is bullish toward base metals in the next couple of months.

SHANGHAI, Aug. 17 (SMM) – Citibank’s analyst is bullish toward base metals in the next couple of months.

WBMS: World Zinc Deficit Deteriorate Sharply January-June

Positive macroeconomy worldwide, strong demand from China and low US dollar are major factors driving up base metals prices. 

Why Zinc Price Hits 10-Year High? Where is it Head? SMM Reports

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Major Export and Import Countries and Regions for Copper Foil in June 2026
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Major Export and Import Countries and Regions for Copper Foil in June 2026
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Major Export and Import Countries and Regions for Copper Foil in June 2026
Major Export and Import Countries and Regions for Copper Foil in June 2026
[Copper Foil Customs Data] According to data from the General Administration of Customs, in June 2026, the main importing countries and regions for China's copper foil were Taiwan, China (4,519.08 mt), Indonesia (1,403.64 mt), and Malaysia (761.26 mt). In June 2026, the main export destinations for China's copper foil were Thailand (1,607.36 mt), Malaysia (987.78 mt), and South Korea (868.71 mt).
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Copper Foil Import and Export Data by Trade Mode in June 2026
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Copper Foil Import and Export Data by Trade Mode in June 2026
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Copper Foil Import and Export Data by Trade Mode in June 2026
Copper Foil Import and Export Data by Trade Mode in June 2026
[Copper Foil Customs Data] According to data from the General Administration of Customs, China's copper foil imports in June 2026 via Ordinary Trade were 6,485.39 mt, via processing trade with supplied materials 184.04 mt, via processing trade with imported materials 1,061.33 mt, and via other trade modes 778.65 mt. Exports via Ordinary Trade were 1,414.38 mt, via processing trade with supplied materials 1,938.10 mt, via processing trade with imported materials 3,965.01 mt, and via other trade modes 382.13 mt.
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China's Copper Foil Trade Deficit Widened MoM in June 2026
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China's Copper Foil Trade Deficit Widened MoM in June 2026
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China's Copper Foil Trade Deficit Widened MoM in June 2026
China's Copper Foil Trade Deficit Widened MoM in June 2026
[Copper Foil Customs Data] According to the General Administration of Customs, in June 2026, China's copper foil import value was $196.54 million, up 77.00% YoY and up 23.49% MoM; in January-June 2026, China's cumulative copper foil import value was $969.03 million, up 39.20% YoY. In June 2026, China's copper foil export value was $127.74 million, up 129.14% YoY and up 12.79% MoM; in January-June 2026, China's cumulative copper foil export value was $639.97 million, up 117.50% YoY. In June 2026, China's copper foil trade deficit was approximately $68.8 million, up about $22.9 million MoM from $45.9 million in May 2026.
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