Latest news on China Base Metals markets

Copper futures prices retreat ahead of Fed's interest rate decision

China's 1# refined copper spot prices stood at Yuan 92,306/tonne on December 9, slightly rising by Yuan 80/tonne day on day, according to Mysteel's assessment. Specifically, spot prices in Shanghai ranged between Yuan 92,160-92,790/tonne, averaging at Yuan 92,405/tonne. The 1# refined copper average

DAILY: Chinese spot alumina prices fall to three-year low

China's alumina prices extended their downtrend on December 9 across both the spot and futures markets, with the national average spot price assessed by Mysteel for metallurgical-grade alumina with a purity above 98.6% sliding further by Yuan 5/tonne ($0.7/t) on day to Yuan 2,810/t including the 13%

Survey: China daily nickel sulfate price 2025.12.10

Mysteel daily survey of China's nickel sulfate market price. Unit: RMB yuan/t

Survey: China daily MHP price 2025.12.10

Mysteel daily survey of China's MHP CIF price. Unit: US $/t in Ni. content

Indonesia nickel matte production up 3.60% MoM in Nov

According to Mysteel's survey of 15 sample projects in Indonesia, Indonesia's nickel matte production totaled 36,900 tonnes in Ni. content in November, up 3.60% month-on-month and 20.16% year-on-year. This total comprised 31,200 tonnes of high-grade nickel matte and 5,700 tonnes of low-grade nickel

Indonesia MHP production down 2.55% MoM in Nov

Indonesia's MHP production totaled 40,100 tonnes in Ni. content in November, down 2.55% MoM but up 10.22% YoY, based on Mysteel's survey of eight sample projects in Indonesia,   From January to November, the cumulative production of MHP in Indonesia was 430,200 tonnes in Ni. content, up 45.63% YoY.

India, Russia to deepen partnership on critical minerals

Russia's silicon reserves second only to China's. Critical minerals key to energy transition

FLASH: Indonesia's Ministry of Energy and Mineral Resources issues warning to companies yet to submit RKAB applications

Under Minister of Energy and Mineral Resources Regulation No. 17 of 2025, holders of Mining Business Permits (IUP) and Special Mining Business Permits (IUPK) in the operational production phase, as well as IUPK holders under continuing Contracts of Work/Agreements, are required to prepare and submit

Nickel Daily: The nickel ore market sees occasional inquiries, but no transactions are concluded

Yesterday, the nickel ore market saw occasional inquiries, but no transactions were concluded, with ore prices remaining stable. In the Philippines, mines primarily focused on fulfilling previously placed orders. Downstream nickel pig iron (NPI) prices experienced a slight pullback, prompting domest

Zinc prices to remain strong this week amid positive market sentiment

Zinc prices rose last week, with Mysteel's China #0 zinc ingot weekly spot average price up by 1.89% week on week to an average of Yuan 22,865/tonne. The Shanghai Futures Exchange (SHFE) and London Metal Exchange (LME) zinc average prices also increased by 1.77% and 1.81% week on week, respectively.