Loading
Shanghai Futures Exchange (SHFE): Base Metals Rise, Aluminum in Focus
On the morning of Tuesday, September 2, most base metals listed on the Shanghai Futures Exchange (SHFE) recorded gains, with aluminum standing out as the best performer. As of 10:30 a.m. local time, the most traded contracts (October) were at the following levels...
Indonesia and China Strengthen Nickel Cooperation with a Mega-HPAL Project
Indonesian sovereign wealth fund Danantara has signed an agreement with Chinese battery materials manufacturer GEM to invest $1.42 billion in the construction of a new high-pressure acid leach (HPAL) plant within the International Green Industrial Park (IGIP) in...
Zinc and Lead: Treatment Charge Trends on the Chinese Market
Treatment charges (TCs) for zinc concentrates shipped to China increased in the second half of August, thanks to increased arrivals from both domestic mines and foreign suppliers. This increased availability has allowed Chinese refiners to become more selective about...
Downward Pressure on Aluminum Prices
The aluminum market is under pressure from two main factors: rising inventories on the London Metal Exchange (LME) and uncertainty surrounding the effects of increased US tariffs. Both factors are contributing to price pressure at an already challenging time for the...