June 23, 2021

Glencore’s Glasenberg says China can’t cool commodities for long

“I think that’s a short-term game because the underlying fundamentals will keep it at these levels,” the Glencore boss says.

June 23, 2021

Copper price keeps soaring despite China’s attempt to cool rally

The release of state metal reserves is one of a number of attempts by Beijing to cool a stellar rally in commodity prices that has squeezed manufacturers’ margins.

June 23, 2021

Iron ore price up on potential easing of Tangshan restrictions

China’s state planner and market regulator on Monday looked at the spot market at the Beijing Iron Ore Trading Center and said they would closely monitor prices.

June 23, 2021

In the cost war, renewables are winning battles against fossil fuels — report

The International Renewable Energy Agency reports that, in some cases, new renewable power generation capacity has electricity costs lower than the cheapest source of new fossil fuel‑fired capacity.

June 22, 2021

Zinc price: Q3 peak, long-term weakness on the cards – report

Long-term production growth outstripping low demand growth will pressure zinc prices to lower.

June 22, 2021

CHARTS: Energy transition metals poised for uneven, explosive run higher

While prices of industrial metals have rocketed as the world moves away from fossil fuels, future price rises are likely to be limited to a select few energy transition ingredients.

June 22, 2021

China to auction first batch of state metal reserves on July 5-6

It would auction 20,000 tonnes of copper, 30,000 tonnes of zinc and 50,000 tonnes of aluminium.

June 22, 2021

China iron ore price plunges on government price monitoring plan

The most-traded iron ore contract on the Dalian Commodity Exchange hit its lowest in two weeks.

June 22, 2021

Copper price extends recovery despite first Beijing 100,000 tonne metal auction

Copper price up 2% Tuesday despite Chinese plans to publicly auction a total of 100,000 tonnes of non-ferrous metals early next month.

June 22, 2021

Aluminum is outperforming copper as China cracks down on prices

Aluminum has overtaken copper as the second-best performer on the London Metal Exchange this year.