Jun 08, 2023 17:08
SHANGHAI, Jun 8 (SMM) - SMM data showed that China's copper cathode output stood at 958,800 mt in May, down 11,200 mt or 1.2% MoM, but a rise of 17% YoY, and the output was 5,300 mt higher than expected.
SMM Daily Comments (Jun 8): Base Metals Closed Mixed with SHFE Tin Plunging, Iron Ore Soared, Oil Rebounded
World Bank Raises Forecast for Global Economic Growth in 2023 with Significant Increase for China, Emphasises Dangers of A High-Interest Rate Environment, But Lowers Forecast for 2024
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