September copper futures prices rose by 1.25 cents, closing at $3.7175 per pound, representing a 0.33% increase. December gold futures, the most actively traded, closed up $6.5 at $1,923 per ounce, a 0.34% increase. September silver futures prices rose by 60.7 cents, closing at $23.34 per ounce, a 2.67% increase. October platinum futures prices fell […]
Recently, the weakening trend of the US dollar has had a positive impact on the base metals market. Overnight, London aluminum prices rebounded from their lows, closing at $2,146 per ton, up $7, representing a 0.33% increase. Trading volume increased by 4,043 lots to 16,430 lots, while open interest decreased by 1,892 lots to 667,904
According to insider sources, China’s leading nickel producer, Qingshan Group, has commenced commercial nickel refining production in Indonesia. The factory is located in Morowali, Indonesia, with a planned annual capacity of 50,000 tons and has recently initiated commercial production. While the actual production capacity of the factory and the timeline to reach the 50,000-ton target
China’s Qingshan Group initiates commercial nickel refining production in Indonesia. Read More »
