Copper prices in China fell before rebounding during the reporting period (June 8-12), with the weekly average lower week on week. Macro headwinds weighed heavily on the market. The U.S.-Iran geopolitical situation remained uncertain, causing sentiment to swing. Meanwhile, U.S. May CPI rose by 4.2%

On June 15, copper prices continued strongly growing in futures and spot markets. With the United States and Iran reaching a temporary agreement and the Strait of Hormuz set to reopen, energy prices have fallen sharply. Market concerns over inflation have gradually diminished, leading to a broadly p

SHFE zinc surged on June 15, primarily driven by progress in US–Iran peace talks, which eased the geopolitical risk premium, revived risk-on sentiment, and triggered capital inflows into the base metals complex, lifting SHFE zinc price, while additional support came from tightening refined zinc supp

On June 15, tin prices rose, supported by hopes that a resolution to the U.S.-Iran geopolitical conflict could ease inflation and improve global trade. In the spot market, the higher prices led to poor sales by smelters and traders. Only a small number of downstream buyers made essential purchases,

China's National Development and Reform Commission (NDRC) and four other government departments have set a 2028 deadline for steel and aluminum producers to meet new energy efficiency standards, as part of a broader three-year action plan to decarbonize nine heavy industries.