Primary aluminium inventories declined 11,000 mt over weekend
Stocks decreased by 11,000 mt from Nov 14 to 823,000 mt as of Nov 18
China copper production rose to record high of 868,000 mt in Oct, up 17.9% YoY
NBS data showed that copper production in the first 10 months of 2019 amounted for 7.83 million mt, up 8.1% from the same period last year
National-level automatic driving base coming to Nansha, Guangzhou
This is part of China’s efforts to promote digital transportation of the Guangdong-Hong Kong-Macau Greater Bay Area
Nickel tumbled to new three-month low on eased supply concerns, weaker demand
The SHFE 2002 nickel contract plunged to 115,020 yuan/mt, its lowest since Aug 5
LME base metals closed mostly lower on Friday
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.
