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November 3, 2023

Expectations of global aluminum market surplus due to increased production and subdued demand.

With the ongoing global economic recovery, the aluminum market is facing unprecedented challenges. The increase in global aluminum production this year is primarily attributed to European smelters resuming production after electricity prices stabilized and Chinese Yunnan province resuming production after the relaxation of hydroelectric restrictions. Despite robust demand in the green sector, weakened consumption in […]

Expectations of global aluminum market surplus due to increased production and subdued demand. Read More »

As Panama protesters intensify their actions, First Quantum faces a challenging road ahead.

On November 1st, according to international media reports, the beleaguered Canadian mining company First Quantum Minerals (FM) is facing a difficult path. As Panama takes action to cancel its contract to operate one of the world’s largest copper mines, TO faces a challenging road. Surprisingly, Panama decided on Sunday to hold a binding referendum on

As Panama protesters intensify their actions, First Quantum faces a challenging road ahead. Read More »

As expected, no interest rate hike has relieved the tense market sentiment. Tin prices may see a weak rebound on the 2nd.

International oil prices have declined, causing weakness in the commodity market. Overnight, London tin prices decreased by 0.33%. The latest closing price was $24,000, down $80 from the previous trading day, representing a 0.33% decline. Trading volume was 555 lots, a decrease of 95 lots from the previous session, and open interest reached 15,717, a

As expected, no interest rate hike has relieved the tense market sentiment. Tin prices may see a weak rebound on the 2nd. Read More »

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