NEWSBREAK: China to sell reserves of copper, aluminium, zinc to fabricators

China will sell its reserves of copper, aluminium and zinc to non-ferrous metals fabricators in the near future, in a move to ensure there is sufficient supply and stabilize commodity prices, which recently spiked, its National Food & Strategic Reserves Administration said on its website on Wednesday June 16.

The sale will be conducted in batches, during which bids will be invited. Further details will be released at a later date, according the SRA notice.

The move follows a pledge by the Chinese government to...

Published

Sally Zhang

Yiwen Ju

June 16, 2021

05:35 GMT

Shanghai