Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills. Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average ...
Tags: rebar futures, steel mills
The Chinese ex-works Henan alumina price stood at Yuan 2,530/mt ($415) Monday at 30% credit payment terms, edging up Yuan 10/mt from Friday and a week ago. The majority of spot trades for December and January have concluded due to the ...
Tags: Spot Alumina, Alumina Price
According to media report that weak Purchasing Managers' Index for China released by HSBC dropped to 50.5 in the month of December sending the signal of sluggish economy of China to Chinese equities and futures markets. As results, the ...
The Shanghai benchmark copper contract for delivery in February declined by 0.78 percent on the Shanghai Futures Exchange (SHFE) Friday compared to Thursday, ending at 51,160 yuan ($8,429.59) per ton. However, it still climbed by 0.49 ...
Tags: Copper Futures, Mineral
Offers for China's domestic spot aluminum alloy ADC12 slipped, affected mainly by weaker aluminum ingot prices, while the demand remained steady, seeing no significant change from the previous week, industry sources said. Domestic offers ...
Tags: China Aluminum, LME Prices
The China Iron and Steel Association (CISA) has stated that, in collaboration with Shanghai Futures Exchange, it held a training course on hot rolled coil (HRC) futures on November 13-15. Yang Maijun, president of Shanghai Futures ...
Tags: Shanghai Futures, HRC Futures
Chinese spot CIF import premiums for London Metal Exchange-registered brands of copper cathode remained steady amid marginal sideways movements, industry sources said Wednesday Import premiums remained around $200/mt CIF China Wednesday, ...
Tags: copper, copper investment, raw material, refining copper
Reportedly, steel and iron ore futures in China climbed higher on Friday. Iron ore was up more than 3%, showing a sign of increasing demand began November. According to China's National Bureau of Statistics that the country's Purchasing ...
Tags: Rebar, Construction
It's reported that rebar futures in Shanghai rose for a second day on decrease of money market rates, indicating the cost of funding is dropping. Rebar for delivery in May on the Shanghai Futures Exchange (SHFE) hit RMB3, 601/ton or rose by ...
Tags: rebar, steel, Construction
Offers for China's domestic spot aluminum alloy ADC12 remained generally steady Tuesday, while the physical demand stayed healthy after the pickup seen the previous week, industry sources said. Domestic offers were heard around Yuan ...
Tags: Chemicals, aluminum, aluminum alloy, Metallurgy, Mineral
Bitumen futures on China's Shanghai Futures Exchange opened up more than 3 percent on their trading debut Wednesday in brisk volumes, reflecting strong investor interest as the bourse lays the ground for the launch of a crude futures ...
Tags: Bitumen futures, Futures Exchange
China's top securities regulator said on Friday that it has approved iron ore futures trading on the Dalian Commodity Exchange. The approval came one week after the relaunch of treasury-bond futures on the China Financial Futures Exchange ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
China's refined copper imports are expected to continue rising in the coming months as international sellers increasingly turn to China amid an overhang in global supply, a Chinese industry source said last Friday. "Global copper supply ...
Tags: Copper, Metallurgy, Mineral
Domestic gold futures still have room to grow following the recent commodities rally, which sent gold, copper and crude oil to multi-month highs last week. The most traded gold contract on the Shanghai Futures Exchange (SHFE) rose 1.45 ...
China's Shanghai Futures Exchange is hoping its new asphalt futures contract -- to be launched next month -- will revive interest in oil trading on the bourse, after activity on its fuel oil contract fizzled out, Zhang Zheng, SHFE's ...
Tags: Chemicals, Metallurgy, Mineral, Energy