Manufacturing PMIs from western economies for May will come under the spotlight this week. “Black swan” events may occur, including semiannual financial report by US Fed head Janet Yellen and referendum on UK exit from the EU, which will intensify risk avers...

Manufacturing PMIs from western economies for May will come under the spotlight this week. “Black swan” events may occur, including semiannual financial report by US Fed head Janet Yellen and referendum on UK exit from the EU, which will intensify risk avers...

[Ferro-Alloys.com]As molybdenum market offered insufficient orders, downstream of raw material purchase fell slightly. At present, the mainstream price of molybdenum concentrate40-45% was RMB 1,020-1,030/mtu in China, while the mainstream price of 60# ferromol...

[Ferro-Alloys.com] Ferromolybdenum prices performance have started to fall slightly recently, but still within the range of mainstream intention. Ferromolybdenum 60# was quoted at RMB74,000-75,000/mt, and the price of molybdenum oxide51% was RMB1130/mtu, and m...

With some investors exiting from market for China’s Dragon Boat Festival from June 9-11, base metals are expected to see diverging trade on Wednesday. China’s financial market will be closed this evening.

China’s financial market will be closed on Thursday and Friday for the Dragon Boat Festival.

China’s official and Caixin manufacturing PMI for May are expected to hold flat with April’s figure or fall from April. This is mainly because steel prices and nonferrous metals prices fell back from highs in late April, which will not only drag down PPI, bu...

A series of key economic data and events will come under the spotlight in the second half of this week. LME and COMEX are closed on Monday for holidays.