China seen releasing state metal reserves this year

14.06.2021

China plans to release state reserves of nonferrous metals copper, aluminium and zinc in a programme set to last until the end of 2021, data provider Shanghai Metal Exchange Market (SHMET) and Chinese analysts said.

State-backed research house Antaike on Friday said market speculation of a selloff had been "partially verified," although there is no official document outlining the plan.

China, the world's biggest...