The U.S. Dollar and U.S. Treasury Bonds both surged, causing copper prices to potentially decline, with London copper closing down 0.24% overnight. The decrease in China’s manufacturing activity in October triggered market selling, leading to reduced trading in the spot market, which is expected to result in a copper price drop today. The strength of […]
According to sources on October 30, it has been revealed that over the past few weeks, more than a dozen employees of the Chinese corporate group, American International Group (AIG), based in Shanghai, have resigned. This is the latest sign of challenges faced by one of China’s largest private enterprises. American International Group, founded by
As the metal crisis spreads, traders have abandoned China’s ‘Copper King. Read More »
The recent performance of the industrial metals market has been influenced by both domestic and international policy factors. Positive expectations regarding domestic policies have provided some support to the industrial metals market. The government has implemented a series of measures, including increased investment in infrastructure construction and strengthened regulation of the real estate market. These
