China copper downstream PMI returned above 50 in March
Activity across Chinese copper downstream industries expanded in March last month, after registering a record contraction in the prior month
High inventory, intensified competition to keep lithium carbonate prices under pressure
Prices of industrial-grade lithium carbonate eased on Monday March 30 after held firm for most of March, showed SMM assessments. Battery-grade lithium carbonate prices, however, are expected to face..
Data: SHFE, DCE market movement (Mar 31)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on March 31, 2020
Papua New Guinea has banned vessels from calling at its ports to load cargoes after the largest Pacific Island nation declared a state of emergency last week
Iron ore arrivals at Chinese ports edged lower on week
The combined iron ore shipments from Australia and Brazil remained in a steady upward trend and this is likely to lift the arrivals at Chinese ports in the near term
SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research.
Besides, over 80 steel professionals engaged in China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream.
