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	450	0	ex-mine	06-16
Shuozhou 5200	435	0	FOR	06-16
Ordos 5500	415	0	ex-mine	06-16
Yulin 6200	535	0	ex-mine	06-16
Liulin Low-sulphur	560	-10	ex-mine	06-16
Gujiao Low-sulphur	1095	0	FOR	06-16
Xingtai Low-sulphur	1210	0	ex-Factory	06-16
Yangquan PCI	770	0	FOR	06-16

Index	RMB/t	WoW	WoW%	Date