China to release national reserves of copper, aluminum, zinc

Time:2021-06-21 17:21:12 Source:Xinhuanet.com

China will release its national reserves of copper, aluminum and zinc in batches, the National Food and Strategic Reserves Administration said in a statement on Wednesday.

The move was made in accordance with a decision at the State Council's executive meeting on ensuring the supply and stabilizing the prices of bulk commodities, the statement read.

The reserves will be released to nonferrous metal processing and manufacturing enterprises via public bidding, according to the statement.

Index	RMB/t	DoD	Basis	Date
Datong 5500	700	0	ex-mine	05-04
Shuozhou 5200	680	0	FOR	05-04
Ordos 5500	700	0	ex-mine	05-04
Yulin 6200	780	0	ex-mine	05-04
Liulin Low-sulphur	900	0	ex-mine	05-04
Gujiao Low-sulphur	1770	-50	FOR	05-04
Xingtai Low-sulphur	2360	0	ex-Factory	05-04
Yangquan PCI	1280	-30	FOR	05-04

Index	RMB/t	WoW	WoW%	Date
Qinhuangdao	507.0	1.0	0.20	05-04
Caofeidian	541.0	9.0	1.69	05-04
Huanghua	216.9	12.4	6.06	05-04
Guangzhou	291.2	3.0	1.04	04-27
coastal 6PPs	1629.8	44.7	2.82	07-02
North Ports	2697.8	53.0	2.00	02-01
Yangtze River delta	1242.5	-74.7	-5.67	02-01
South Ports	2233.4	-216.0	-8.82	02-01