According to market sources, the high-purity copper cathode clean production project with a capacity of 400,000 mt led by Yangxin Hongsheng Copper (affiliated to Daye Nonferrous Metals) has been put into operation on October 23, 2022 and is now running smoothly.
Oil market participants will keep an eye on refiners’ appetite for crude oil following Saudi Aramco’s price increase announcement as well as OPEC+’s plan to hike production in July and August. Meanwhile, supply concerns are keeping China’s copper concentrates and US corn markets on their toes. 1. Saudi Aramco promises more crude, at a price .
The domestic output of 1# silver in March stood at 1,265.29 mt(including 1,062.83 mt of mineral silver), up 14.41% on the month with the overall silver output rising sharply.