Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The National Bureau of Grain and Material Reserves will be releasing the second batch of copper, aluminium and zinc by the end of this month. The second batch of national reserves have 30,000mt of copper, 90,000mt of aluminium and 50,000mt of zinc. 


On July 5, National Bureau released 20,000mt of national reserves of copper, 50,000mt of aluminium, and 30,000mt of zinc. Xu Gaopeng, the director of the Material Reserve Department stated that reserves of material resources are sufficient and capable of stabilizing expectations and cooling the market.

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