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Certain recycled non-ferrous metals cleared for import to China from November
Recycled copper and aluminium that meet China’s standards for renewable metals instead of solid waste can be freely imported into the country starting from November 1, according to the Chinese Ministry of Ecology and Environment.
October 19, 2020
·
By Justin Yang
Insights
OPINION: China demand to lift corn futures into 2021
Comparing corn consumption, stocks, and stocks-to-use ratio globally, this year is very different to the drought year of 2012. What I think has changed is China’s demand since 2012-13, and that
October 19, 2020
·
By Terry Reilly
Insights
LIVE FUTURES REPORT 19/10: LME zinc price up 2.2% following strong Chinese economic data; Al down on 38kt re-warranting
The London Metal Exchange three-month zinc price was the standout performer during morning trading on Monday October 19, with the price rallying by more than 2% on positive Chinese economic data and strong buying momentum, while queue and logistics concerns at Port Klang, Malaysia, resulted in some 38,000 tonnes of aluminium being placed back on-warrant in the region.
October 19, 2020
·
By Hassan Butt
Insights
MORNING VIEW: Base metals prices mainly firmer, helped by generally supportive Chinese economic data
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mainly firmer this morning, Monday October 19, supported by economic data out of China, especially the 6.9% rise in industrial production, but gross domestic production (GDP) data came in lower than expected.
October 19, 2020
·
By William Adams
Insights
VIETNAM STEEL SCRAP: Chinese demand for Vietnamese billet boosts spot prices
Renewed interest for Vietnamese billets from Chinese buyers and higher offers from Japanese scrapyards have boosted prices in the week to Friday October 16.
October 16, 2020
·
By Paul Lim
Insights
LME WEEK 2020: Base metals 2021 negotiations start in virtual ‘mating season’
With a virtual LME Week starting on Monday October 19, the base metals market is starting to focus on negotiating 2021 contracts. Here, read about how the evolving nature of virtual negotiations is affecting the aluminium, copper, nickel and tin markets.
October 16, 2020
·
Insights
China soybean crush plunges to 6-mth low, stocks jump
China's weekly soybean crush volume slumped to its lowest level since early April as operation rates dropped sharply amid an...
October 15, 2020
·
By Johnny Huang
Insights
MORNING VIEW: Base metals, broader prices mixed on cooling market sentiment
Base metals prices on the LME and the SHFE were mixed this morning, Thursday October 15, with concerns over the spread of Covid-19 and the reduced likelihood of a US stimulus package any time soon dampening optimism.
October 15, 2020
·
By William Adams
Insights
NEWSBREAK: China to release new standards for steel scrap imports by end of year
China will release new standards for steel scrap imports by the end of 2020, the National Standard Formation Committee said at a recycled raw materials conference in Shanghai.
October 14, 2020
·
By Jessica Zong
Insights
China’s HRC inventories up 8.5% in early October; steel output drops
Steel inventories at member mills of the China Iron & Steel Association (Cisa) and in the spot market both increased in early October, although mills cut crude and finished steel output, according to data released on Wednesday October 14.
October 14, 2020
·
By Jessica Zong
Insights
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