The FX PostThe FX Post
    What's Hot

    FlatQube Trade Volume, Trade Pairs & Trust Score

    November 7, 2022

    Step Guide to Winning Forex Trading

    September 19, 2022

    Relationship Between Currency Risk and Foreign Bonds

    September 2, 2022
    The FX Post The FX Post
    • Best Fx Robots
    • Forex
      • News
      • Forex 101
      • Forex Forecasts
      • Broker Reviews
    • Crypto
      • News
      • Crypto 101
      • Crypto Forecasts
      • Crypto Reviews
    • Indices
      • News
      • Analysis
      • Commodities
      • Reviews
    • Automated Trading
      • Forex Signals
      • Forex Robots
      • Copy Trading
    • Top
      • Best Forex Robots
    The FX PostThe FX Post
    Home » China to Sell Major Metals in an Effort to Tame Rising Factory-Gate Prices
    Indices News

    China to Sell Major Metals in an Effort to Tame Rising Factory-Gate Prices

    June 16, 20211 Min Read
    Facebook Twitter Pinterest LinkedIn Reddit
    Aluminum at a factory in China
    Aluminum at the factory, CANTON, CHINA
    Share
    Facebook Twitter LinkedIn Pinterest Reddit

    China is considering selling major industrial metals from its reserves to tame rising factory-gate
    prices

    ▪ Factory prices in the country have struck a 13-year high escalating fears of worldwide
    inflation.
    ▪ The move is targeting copper, aluminum and zinc among others and will include public
    auctions to the country’s metal processors and manufacturers.
    ▪ China is trying to use its advantage of being the world’s largest consumer of a number of
    industrial products to try and put a stop to extreme worldwide increase in metal prices
    ▪ Results of Beijing’s metal auction will be realized depending on quantity of metals to be
    released or that which it has capacity to release.


    Beijing’s large metal buying ability is not an assurance of its capability in curbing worldwide
    prices.
    CSI 300 is down 1.67%, USDCNY is down 0.12%
    Source: Wall Street Journal

    Markets are invaded by algorithms
    Secure your passive income with algo-based trading systems
    Learn more
    China`s indastry China`s metal industrial metal industry selling major industrial metals
    Share. Facebook Twitter Pinterest LinkedIn Reddit

    Related Posts

    European Central Bank

    Christine Lagarde Solidifies ECB’s Message on Combating Inflation

    June 28, 2022
    Salesforce-backed front

    Salesforce-Backed Front Valued at $1.7 Billion in Financing Round

    June 28, 2022
    G7 countries to hit Russia

    G7 Countries to Hit Russia With Brand-New Assents

    June 27, 2022
    China's clean power growth

    China’s Clean Power Growth Outlook for 2022 Maintains Getting Bigger

    June 24, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    48  −    =  39

    Best FX Post
    Best Forex Robots (Expert Advisors) 2021

    Best Forex Robots (Expert Advisors) 2022: Passive Income From Algo Trading Systems

    July 7, 2021

    Top 10 Lending Platforms for Crypto Loans

    June 1, 2022
    forex eurusd trading charts

    Top 10 Best Forex Brokers In All Times

    June 1, 2022
    Recent Posts
    • FlatQube Trade Volume, Trade Pairs & Trust Score
    • Step Guide to Winning Forex Trading
    • Relationship Between Currency Risk and Foreign Bonds
    • Best Social & Copy Trading Platforms
    • Bitcoin Dips Listed Below $20,000 With Fundstrat Considering ‘Last Washout’
    Featured Reviews
    TechBerry

    TechBerry Review: Pros, Cons, Recommendations

    September 18, 2021
    CryptoHero

    CryptoHero Review: Pros, Cons, Recommendations

    June 3, 2022
    Bitsgap

    Bitsgap Review: Pros, Cons, Recommendations

    April 29, 2022
    Categories
    • Analysis
    • Automated Trading
    • Best FX Post
    • Broker Reviews
    • Commodities
    • Copy Trading
    • Crypto
    • Crypto 101
    • Crypto Bots
    • Crypto Forecasts
    • Crypto Reviews
    • Forex
    • Forex 101
    • Forex Forecasts
    • Forex Robots
    • Forex Signals
    • Guides
    • Indices
    • News
    • News
    • News
    • Reviews
    • Reviews
    • Uncategorized
    Twitter BlogLovin
    © 2023, Thefxpost.com.
    • Contact

    Type above and press Enter to search. Press Esc to cancel.