China's major non-ferrous metal prices are likely to remain robust in the second half of 2021, but will be volatile at high levels, Jia Mingxing, vice president of China Nonferrous Metals Industry Association (CNMIA), said in a press conference of China's non-ferrous industry's half-year performance on August 3.
"[The] copper price [doesn't] have [the right] market conditions allowing it to step out of the price increase "super cycle" in the mid to long term, while the implementation of carbon emissions policies as well as an improved aluminium fundamental [will] also provide support for aluminium's price," Jiamingxing said at the press conference.Jiamingxing also said that realized...