Macroeconomics 1. [China Warehousing Index] China Federation of Logistics & Purchasing: Driven by the concentrated launch of major national infrastructure projects and a simultaneous recovery in

I. Simultaneous Surge in Domestic and Overseas Excavator Sales in June, Driven by Equipment Replacement and Infrastructure Investment In June 2026, total sales of various types

I. Comprehensive Review of Domestic Copper Spot Market Trends in H1 2026 In the first half of the year, the domestic copper spot market exhibited a

In the first half of the year, the shift in the US Fed's monetary policy expectations was the core driving force behind the reversal of

Price trend Data monitored by SunSirs indicates that copper prices followed a downward trend throughout June. Prices stood at 104,911.67 RMB/ton at the beginning of the

With the basic support of tight supply and robust demand, the copper price center is expected to continue to move up. However, uncertainties

Macroeconomics 1. [MLF] The People's Bank of China (PBOC) will conduct a Medium-term Lending Facility (MLF) operation worth 500 billion RMB on June 25. Given that

Copper prices in London fell for a second consecutive day on Wednesday, dropping 2.40% to touch an intraday low of $13,066 per tonne—a level not

As of June 22, the benchmark price level for domestic electrolytic copper spot goods for the year is significantly higher than during the same period

Price trend Data monitored by SunSirs shows that copper prices fell initially and then rose last week; as of June 12, the price stood at 104,683.33

On June 10, London Metal Exchange (LME) non-ferrous metal inventories and their changes were as follows: 1. Copper inventory: 369,575 tonnes, down 3,075 tonnes from the

Macroeconomics 1. [PPI] National Bureau of Statistics: In May 2026, China's producer prices for industrial products rose by 3.9% year-on-year and 0.5% month-on-month. Purchase prices for

Macroeconomics 1. [Excavators] According to statistics from the China Construction Machinery Industry Association, major excavator manufacturers sold a total of 24,794 excavators in May 2026, a

According to China International Petroleum & Chemical, amidst the rapid growth of new energy and high-end manufacturing industries, critical minerals such as nickel, lithium, cobalt,

On April 1, the policy eliminating value-added tax (VAT) export rebates for photovoltaic (PV) products officially took effect. This move is gradually dismantling the long-standing

Price trend According to monitoring data from SunSirs, copper prices in May traded sideways at a low level during the beginning of the month; in the

According to Sina Finance,oil prices edged higher as traders interpreted conflicting signals regarding the prospects for a peace agreement in the Middle East. LME copper

As a new round of assessments regarding "U.S. copper tariffs" is set to conclude by month-end, market sentiment continues to heat up, driving international copper

The pattern of supply weaker than demand at the industry level and the expectation still prevails, while the new situation at the macro level is