According to SMM survey, the conversion margins of aluminium billet have been standing high for a long period.

The production and new orders are expected to be affected by the intensifying power rationing in October. 

Market focus this week include: the annualised reading of new housing starts in the United States in August, the initial value of the manufacturing PMI in the Eurozone in September, and the initial value of the Markit manufacturing PMI in the United States in September; China's one-year loan market quotation interest rate as of September 22. In terms of events, FOMC will announced the interest rate resolutions this Thursday; the Fed Chairman Powell will hold a press conference; and the European Central Bank will announces an economic bulletin.

On May 11, 2021, Shanghai International Energy Exchange（INE）will hold a webinar on trading opportunities and outlook of the copper futures market.

There are four hot topics of refined aluminium market under supply-side reform, said Liu Xiaolei, chief analyst of SMM at the Die-casting Industry Chain Supply-demand Communication Summit.

China’s copper prices will maintain an upward movement with the continuous recovery of global economy despite some current retracement.

The zinc price forecast in 2018 is raised by 8%. In 2019 the estimated price is raised by 11%.

Today it is estimated to keep at $6,710~6,810 tonne. Contract 1801 moves at 52,600~53,100 yuan per tonne.

Zambia's Mining Minister Christopher Yaluma said the country’s copper output would surge by 200 per cent over the period of 2000-2016.

Cochilco reported Chile’s copper exports surged in July.