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On May 11, 2021, Shanghai International Energy Exchange（INE）will hold a webinar on trading opportunities and outlook of the copper futures market.
Dear Sir/ Madam,
On May 11, 2021, Shanghai International Energy Exchange（INE）will hold a webinar on trading opportunities and outlook of the copper futures market.
This event will help investors at home and abroad to further understand the copper market including the bonded copper futures market.
The language of the event will be English, with simultaneous translation into Chinese.
Please kindly see the agenda below and scan the QR code to register.
9:00-9:30
GE Wanwan, Associate Director, Commodity Futures Department I, INE
Talk of super cycle dismissed
Experts at this week’s Baltic Freight and Commodity Dry Bulk Forum, part of Singapore Maritime Week, downplayed talk of a commodity super cycle, which has been raising pulses in the sector.
But while they stopped short of acknowledging the super cycle, they did agree that there is a cyclical upturn taking place and that dry bulk operators can look forward to continued positivity for the foreseeable future.
Panellist Rahul Kapoor, vice president and global head of commodity analytics and research, maritime and trade at IHS Markit, noted that commodity demand will remain firm in the medium term, largely supported by strength in the Chinese economy, which escaped a significant hit from Covid-19. He saw commodity demand combined with ship supply normalisation as underpinning growth.
As China returns from the week long CNY holidays in end-February, SMM tracks down the inventory and operating rate across smelters and producers of the metals industry.
As China returns from the week long CNY holidays in end-February, SMM tracks down the inventory and operating rate across smelters and producers of the metals industry.
With less travel in China this CNY, we will look to give an early read on whether demand activity is coming back quicker than usual. We will also discuss the changes in the demand/supply fundamentals of the Chinese ferrous and non-ferrous metals markets after CNY, as well as providing a short-term outlook of various metals.
Australian miners not to blame for China’s soaring iron ore prices, observers say China imports about 60 per cent of its iron ore from Australia. Photo: AFP
Australian miners should not be blamed for galloping iron ore prices that were likely caused by excessive hot money speculating on iron ore derivatives, analysts say.
The assessment comes after China s top steel mills, including China Baowu Steel Group, and the China Iron & Steel Association (CISA) met on Thursday to investigate soaring prices possibly caused by market manipulation that threatened to erode profitability and derail the steel production supply chain. The iron ore market pricing mechanism has failed and steel companies unanimously call on the State Administration for Market Supervision and the China Securities Regulatory Commission to take effective measures . and crack down on possible violations of regulations, CISA said in a statement.