Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jul. 24 (SMM) –Turning to the brass market, CIF quotations for US brass, Western were roughly USD 5,050/mt last week. Mainstream offers were down to RMB 39,000-39,300/mt on China's domestic markets. Brass prices are driven more by physical demand than by finance-driven trading and are thus relatively little affected by copper price volatility. Profits on imported brass held stable near RMB 1,000/mt last week, but most brass importers stuck to their source-to-order strategy owing to uncertainty in future copper price trends.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn