Macroeconomics 1. [Reverse Repo] The People's Bank of China will conduct overnight reverse repo operations from October 21 to November 2. These operations will utilize a

Macroeconomics 1. [LPR] As authorized by the People's Bank of China, the National Interbank Funding Center announced that, as of October 20, 2026, the Loan Prime

Trend Analysis According to monitoring data from SunSirs, copper prices saw a slight decline last week. As of October 16, the price of copper stood at

Macroeconomics 1. [M2] The Central Bank: As of the end of September, the balance of broad money (M2) stood at 359.63 trillion RMB, an increase of

According to data from S&P Global Market Intelligence, global exploration investment for non-ferrous minerals (excluding oil, gas, and coal) is projected to increase by 30%

Macroeconomics 1. [PPI] National Bureau of Statistics: In September 2026, the national producer price index (PPI) for manufactured goods rose by 5.0% year-on-year and 1.2% month-on-month.

On October 14, Rio Tinto released its production and sales report for the third quarter. Both copper and iron ore production increased year-on-year, and the

On October 13, London Metal Exchange (LME) non-ferrous metal inventories and their changes were as follows: 1. Copper inventory: 229,650 tonnes, down 1,625 tonnes from the

Recently, the price level for copper in both domestic and international markets has continued to trend upward. The US tariffs on refined copper—a source of

Crude oil prices stabilized after a three-day rally as traders took profits following recent gains, even as supply threats—ranging from the Middle East to Russia—persisted.

【SHFE Copper】 Last Friday, the offshore RMB strengthened, significantly improving market risk appetite and driving a broad rebound in non-ferrous metals. The LME 3-month copper contract

Crude oil prices fell, with prices fluctuating throughout the day, as attacks by Iran on vessels in the Strait of Hormuz increased, whilst oil shipments

Labor negotiations at the Centinela Copper Mine under Antofagasta Minerals have escalated. The two main unions stated that they are ready to strike; however, they

Peru plans to cancel 27 mining permits, but new production will not arrive until 2031-2032 Key Data 27 permits: Peru plans to cancel mining permit requirements 1 million

The copper market has recently shown strength, with prices trending upward—albeit with fluctuations—since early July. While market expectations regarding the Federal Reserve's monetary policy path

Oil prices fell as the impact of Saudi Arabia increasing crude supplies via a key pipeline outweighed market concerns over the US-Iran standoff. Copper prices

The Global Mining Development Report 2026 (hereinafter referred to as the "Report"), recently released by the China Geological Survey and China Mining News, indicates that

Base metal prices on the London Metal Exchange closed lower across the board on the 23rd. Three-month copper closed at $14,615.50 per tonne, down $167.50 (1.13%)

1. [Copper] Sinomine Resource Group: The mining and ore processing facilities at the Kitumba copper project in Zambia's Central Province are ready for production; the