Base Metal Prices Drop in Shanghai Ahead of May Day
On the morning of Wednesday, 30 April, the prices of most base metals traded on the Shanghai Futures Exchange (SHFE) fell moderately. The move reflected a combination of seasonal factors, with the upcoming Labour Day holiday in China (1-5 May), and broader...
American Importers Flee China to Avoid 145% Duties
With the introduction of a 145% minimum tariff on all goods from China, a growing number of US importers are reacting drastically: orders cancelled, shipments put on hold, and a general wait for clarification. The aim is clear: to hope that direct negotiations between...
Australia Targets Critical Commodities With New Strategic Plan
The Australian government led by Prime Minister Anthony Albanese announced Thursday, April 24, its intention to establish a Strategic Critical Minerals Reserve should it be re-elected in the May 3 federal election. The initiative, communicated through the Chamber of...
Base Metals Prices At Shanghai Futures Exchange Up, Except Lead
During the morning of Tuesday, April 29, most base metals traded at the Shanghai Futures Exchange (SHFE) trended positive. The only exception was lead, which reversed the general trend, registering a loss. At 10:30 a.m. Shanghai time, compared with the 3 p.m. close on...
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