June 6, 2022

Traders in China rush to check metal stocks on pledging concerns

Glencore and Trafigura are among traders checking their aluminum inventories after several domestic trading firms claimed last week they were duped into providing loans against artificially inflated stockpiles.

June 6, 2022

‘Fake’ aluminum stocks put perils of China’s commodities funding in spotlight

The opaque world of funding commodities trading in China is again under the spotlight.

June 6, 2022

BYD jumps ahead of Tesla in battery metal push

The Warren Buffett-backed car producer is once again the largest shipper of electric vehicles in the world’s top market.

June 6, 2022

Iron ore price sees biggest weekly gain since March on China demand optimism

Beijing authorities said the capital will resume public transport in most districts, restart dine-in restaurant services and allow workers to return to offices.

June 3, 2022

Iron ore price set for biggest weekly gain in three months

The rise in prices could be limited, ANZ Research said in a note.

June 3, 2022

China electric car sales rose in May as lockdowns start to ebb

The May bounce back in deliveries is an encouraging sign for the world’s biggest electric-vehicle market.

June 2, 2022

Chinese warehouses check metal inventories as traders cry foul

Regular operations in at least three Chinese warehouses have been suspended to check on-site metal inventories.

June 2, 2022

Copper price scales $10,000 on Chinese stimulus, lockdown reprieve

China’s cabinet announced a package of 33 measures covering fiscal, financial, investment and industrial policies to revive its pandemic-ravaged economy.

June 2, 2022

Glencore expected to dismiss bid for Yancoal Australia stake

Chinese majority owner’s bid for Glencore's interest in Australia's largest coal producer "offensively low", sources said.

June 1, 2022

Chinese traders find aluminum stocks they financed may not exist

At least three companies lent a total of more than 500 million yuan ($75 million) against stockpiles of the metal stored in a warehouse in the southern province of Guangdong…