In 2019, LME copper is likely to trade at $5,800-7,600/mt with prices of SHFE contracts at 47,000-58,000 yuan/mt
Copper inventory has been drawing significantly as low prices encouraged end users to restock.
Infrastructure construction will grow as Beijing has been loosening policies in the face of potential impact from the trade war
The transition across commodities will be determinant on supply chain changes, said Jeremy Weir, CEO of Trafigura
Nickel received 39% of votes in a poll at LME week in London
SMM offices will be closed from Monday Oct 1 to Sunday Oct 7 for the National Day holiday
A roundup of China’s base metals output in Aug through SMM survey of major producers
A roundup of China’s base metals output in July through SMM survey of major producers
Join us at SMM’s Asia Metals Seminar during LME Asia week, co-hosted with Hong Kong Exchanges and Clearing Limited (HKEX) and Bloomberg, on Tuesday May 15.
SMM offices will be closed from Thursday April 5 to Friday April 6 for the Qingming Festival holiday.