On June 28, the SMM Copper Concentrate Index (weekly) was reported at -$0.28/mt, down $0.41/mt from the previous $0.13/mt. The pricing coefficient for Cu 20% grade domestic ore was 91-93%.

Several US Fed officials spoke in the week ending June 28, maintaining a hawkish stance on future rate cuts.

As of September 28, the SMM Imported Copper Concentrate Index (Weekly) stood at $93.23/mt, $0.59/mt lower than a week earlier. During the National Day holidays, there was still a small amount of trades in the copper concentrate market. The price coefficient of Cu 20% domestic ore stood at 88.5-89.5%.

SHANGHAI, Oct 12 (SMM) – The ongoing 2023 SMM LME LONDON EVENT, being held at ST. Pancras Renaissance Hotel London, Euston Rd., London NW1 2AR, has brought together major industry players and commodity experts to share their valuable insights and unique perspectives on new energy and base metals outlook.

The above-mentioned minerals are on the US government’s critical minerals list. U.S. is 100% import dependent for arsenic, bismuth, fluorspar, gallium, indium, manganese, niobium, scandium, tantalum, titanium, yttrium and rare earths.

At the SMM LME LONDON EVENT held during LME WEEK, Wu Ming, head of metals and commodities at PRC Macro, expressed her views on the impact of Chinese real estate on global metal demand.