Edition:
United States

Polly Yam

Resurgent Chinese aluminum draws back capacity at industry's peril

Apr 12 2016

HONG KONG/MELBOURNE Rising aluminum prices are enticing smelters in top producer China to restart output, a decision that may snuff out the metal's rally from record lows and stoke global trade tensions.

China set to shake up world copper market with exports as stockpiles rise: traders

Apr 07 2016

HONG KONG China may be about to shock the global copper market by unleashing some of its stockpiles of the metal, which are near record highs, onto the global market.

Hong Kong's Lee Kee sees potential for possible spot HKEx metals market

Apr 07 2016

HONG KONG, April 7 Hundred of thousands of small- and medium-sized factories in China may use a spot commodity platform that Hong Kong Exchanges and Clearing is considering building, said the head of one of the biggest metals merchants in Hong Kong.

Volatile yuan spurs China copper trade to hedge currency risk

Mar 09 2016

HONG KONG Chinese copper importers and investors are starting to hedge currency risk following a sharp spike in the volatility of the yuan, cutting already thin margins for traders and arbitrage players.

China's copper smelters seek approval to blend concentrates at ports

Mar 09 2016

HONG KONG China's copper industry is urging the government to allow the blending of raw material copper concentrate imports when they land at the country's ports, which will allow for cheaper though toxic supply to arrive.

Aluminum stockpiling fund gives glimpse of China metals reforms

Jan 21 2016

HONG KONG/BEIJING China's plans to set up funds to manage coal and steel capacity closures and stockpiling schemes offer nervous markets some clarity on the likely future make-up of the country's sprawling and predominantly state-run metals and mining industries.

China zinc smelters to share information on concentrate imports -sources

Jan 21 2016

HONG KONG, Jan 21 Some large refined zinc producers in China plan to regularly exchange information on their imports of concentrate to ensure they receive reasonable treatment charges, sources at two smelters said on Thursday.

Six Chinese firms to form JV for commercial aluminum stockpiling: Antaike

Jan 12 2016

HONG KONG Six large Chinese aluminum producers in China are considering forming a joint venture company that will handle primary aluminum stockpiling, a report by state-backed research firm Antaike said on Tuesday.

Chinese commodities funds see weaker metals, yuan; eye oil, agriculture

Jan 08 2016

HONG KONG/SHANGHAI Chinese commodity funds see further falls in metal prices in 2016, but are eyeing potential buying opportunities in agricultural products and oil as beaten-down prices near the bottom of the cycle, fund sources said.

China's state stockpiler set to begin copper purchases - sources

Jan 06 2016

HONG KONG, Jan 6 China's state stockpiling agency is expected to start buying up domestic copper supply this month after local smelters urged it to intervene in order to support prices, industry sources said.

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