China Lithium Market Dynamics & Lithium Procurement Study

China Lithium Market Dynamics and Lithium Procurement Study

Battery Recycling Technology Understanding

Solid State Battery Market

   China Scrap Steel Quality Analysis 

China Scrap Steel Cost Curve

NewsFlash

Scraps & Secondary

Copper Drops for First Time in Four Days as Cash Discount Widens in China

Li-ion Battery Americas 2024

CLNB 2024 9TH CHINA NEW ENERGY EXPO

Indonesia Nickel & Cobalt & EV Industry Conference 2024

ASEAN Tin Industry Conference 2024

ASEAN Coal Industry Conference 2024

ASEAN Aluminium Industry Conference 2024

2024 ASEAN Automotive Supply Chain

2024 Global Renewable Metal Industry Chain Summit

2nd Li-ion Battery Europe 2024

NET ZERO EUROPE - Solar & Energy Storage Summit

Jinchuan Group Raises Ex-works Nickel Prices to RMB 216,000/mt on March 1st

Mar 1, (Bloomberg) -- Copper dropped for the first time in four days in London and New York on concern that demand in China, the largest user, may not be as robust as estimated as physical buyers hold off purchases in anticipation of lower prices.
Three-month copper on the London Metal Exchange fell as much as 0.9 percent to $9,795 a metric ton, and traded at $9,825.25 at 12:07 p.m. in Singapore. Zinc, lead, tin and aluminum also declined.
The discount of spot copper in Changjiang, Shanghai&rsquo;s biggest cash market, to futures has widened, suggesting that consumers may not be willing to make purchases at higher prices. Changjiang copper was about 1,200 yuan ($183) a ton less than futures yesterday compared with about 565 yuan last week.
&quot;We&rsquo;re not getting signs from the physical market that demand is picking up, evident from the persistent discount,&rdquo; Zhuo Guiqiu, an analyst at Minmetals Futures Co., said from Shenzhen. &quot;There&rsquo;s only just hand-to-mouth buying at present.&rdquo;
Copper futures in New York dropped as much as 0.8 percent to $4.4595 a pound, before trading at $4.4730. May-delivery metal on the Shanghai Futures Exchange fell 0.4 percent to 74,020 yuan per ton, after gaining 0.3 percent earlier.
China&rsquo;s manufacturing grew at the slower pace in six months in February, data showed today, after the government raised borrowing costs and restrained lending to cool inflation and prevent the economy from overheating. Data in the first two months are typically distorted by the timing of the weeklong Lunar New Year holiday, which began on Feb. 2 this year.
Aluminum in London fell 0.6 percent to $2,584 a ton, zinc dropped 0.5 percent to $2,508 a ton, lead shed 0.5 percent to $2,550 a ton and tin declined 0.7 percent to $32,100 a ton. Nickel was little changed at $29,000 a ton. 
&nbsp;
&nbsp;

Copper Premiums in China Slump to Zero on Arbitrage

  | Shanghai Non ferrous Metals

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit