The China futures market was heated after the CNY holidays with stellar performances in the copper and aluminium sectors, as prices hit new highs since 2012.
However, the rapidly rising copper prices has put some pressure on the recovery of the copper industrial chain.
In addition, the accumulation cycle of copper and aluminium inventories has not yet ended. The movement of the fundamentals in March is the key element for the price outlook in April.
In this webinar session, we will discuss the following trending topics:
Copper: Smelters and downstream companies are under pressure amid rising copper prices
Aluminium: Downstream fears of high aluminium prices, buying interest is depressed, and the turning point of destocking is aimed at the arrival.
