The following table is base metals movement on the SHFE market on July.26 2017.
Recently, Henan Province has issued a string of important reforms on mining rights and production safety.
ME tin may face technical corrections and test resistance at USD 20,600/mt and support at USD 20,000/mt today.
price review forecast
UK GDP is expected to grow 1.7% YoY in Q2, down 0.3 percentage point from Q1.
On Tuesday’s night trading, base metals extended gains seen in daily trading hours, with copper outshining.
On Monday’s night session, SHFE 1709 tin inched down and ended at RMB 146,290/mt.
The European Chemicals Agency (ECHA) has been asked to submit a report on the restriction of lead in hunting shot due to ongoing concerns about toxicity and its impact on wildlife.
The following table is base metals movement on the SHFE market on July.25 2017.
China’s Ministry of Environmental Protection will undertake environmental protection inspections in Shandong, Sichuan, Zhejiang, Jilin, Xinjiang, Tibet, Hainan and Qinghai in late July or early August
Output of 10 nonferrous metals jumped 7.2% on a yearly basis to 27.596 million tonnes in the first six months of 2017, according to askci.com.
China’s copper imports fell sharply in the first half of 2017, according to China Customs.
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