Hot News

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  Copper Inventory across Major Chinese Markets Added 13,500 mt over Weekend

  As of Monday June 27, SMM copper inventory across major Chinese markets increased by 13,500 mt from last Friday to 115,800 mt, the largest growth since March.

• Social Inventory of Lead Ingot Continued to Decline amid the Production Reduction of Primary and Secondary Lead in the Major Producing Areas

  As of June 27, the social inventory of lead ingots across Shanghai, Guangdong, Zhejiang, Jiangsu and Tianjin was 81,800 mt, down 3,100 mt from last Friday (June 24) and 12,500 mt from last Monday (June 20).

• Imports and Exports of Lithium Salt Increased Sharply MoM under the Resumption of Import and Export Channels, with Imports of Lithium Concentrate Rising by 8%

  China's lithium carbonate imports stood at 9,676 mt in May, up 68% on the month and 13% on the year.

• Some Zinc Oxide Enterprises Considered Reducing or Suspending the Production amid the Sluggish Industry

  According to SMM survey data, the average operating rate of zinc oxide stood at 55.5% last week, down 0.9% from the previous week.

• Operating Rates of Die-casting Zinc Alloy Factories Fell Slightly amid Poor Terminal Orders at Home and Abroad

  It is expected that operating rates of die-casting zinc alloy enterprises may fall slightly affected by the poor terminal orders and increasing finished products inventory this week.