Guangdong Tungsten Enterprise Raises Long-Term Contract Prices for First Half of June

SHFE Cast Aluminum Alloy Warrants Up 358 mt to 39,224 mt on June 10

A mine in Guangdong held a tender for scheelite on June 9, with the transaction price linked to the average price.

Inventory neared a new low for the year, suppliers held prices firm significantly. Overall trading was moderate. [SMM South China spot copper]

Gold, silver and oil all fell, most base metals declined, LME aluminum and LME nickel dropped over 2%, and COMEX and SHFE silver tumbled over 4% [Overnight Market]