The government of Southwest China’s Yunnan province has rolled out plans to promote major companies’ commercial stockpiling of key non-ferrous metals, including copper, aluminium, lead, zinc, tin, germanium and indium, as part of the effort to support the metals market impacted by the coronavirus pandemic and to boost the development of the real economy. 

SMM Morning Comments

Trading in the indium spot market in China was lacklustre during the week ended Friday June 7 as a declining market kept buyers and sellers on the sidelines

SMM Morning Comments

Downstream buyers withheld from purchasing zinc in the spot market in Shanghai on Monday May 28 as offer prices rose over the weekend, SMM learned.

In Shanghai's spot zinc market on Wednesday May 23, traders continued to lower premiums from Tuesday given fewer transactions. Downstream buyers maintained their bearish outlook on zinc prices

In China's spot zinc market on Tuesday May 22, traders lowered premiums with the highest offers flat from the previous day. Downstream buyers purchased on demand as supplies were adequate

SMM Evening Comments

Trading in the indium spot market in China was lacklustre during the week ended Friday April 27 as both buyers and sellers were keen to delay deals until the VAT cut takes effect on May 1

LME zinc price registered an intra-day fall of 1.7% as inventory at the exchange’s warehouses continued to rise.