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China Nonferrous Mining's Chairman Steps Down; Replacement Named
USA's "Copper Grab War": Has it suddenly turned into a "sprint race"?
① The style of the "Copper War" in the USA suddenly evolved into a "sprint race" this week... ② What troubles many traders is that if those cargo ships loaded with Copper arrive at the USA ports "slowly" after the implementation of Trump's tariffs, those who "calculated well" might face huge losses instead...
Highlights from the Brokerage morning meeting: The supply and demand structure of Copper is becoming more solid, driving the price center of Copper upwards.
In today's brokerage morning meeting, China Securities Co., Ltd. proposed that the supply and demand for Coal maintains a loose running state, with mandatory green certificate consumption enhancing market demand; Galaxy Securities stated that the electronic Industry is experiencing a mild recovery, focusing on the integration of AI and end Hardware; Zhongtai believes that the tight supply and demand structure for Copper is further solidified, driving the central price of Copper upwards.
Zhongtai: Global refined Copper continues to maintain a destocking state, with a tight supply and demand structure driving the Copper price center upward.
China and Thailand have adjusted the increase in Copper concentrate for 2025 to 0.334 million Metal tons, while also lowering the Global smelter operating rate by 1 percentage point, corresponding to a growth rate of only 1% in Global refined Copper production.
CHINFMINING (01258): Xiao Bo will be appointed as the Chairman of the Board of Directors.
CHINFMINING (01258) announced that, effective from March 27, 2025, Yang He will resign as Director...
CHINFMINING (01258) released its annual performance report, with the profit attributable to Shareholders amounting to 0.399 billion USD, an increase of 43.53% year-on-year.
CHINFMINING (01258) released its annual results for the year ending December 31, 2024, coming from customers...