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Industry

【Financial Str. Release】China releases national reserves of copper, aluminum, zinc

July 08, 2021


Abstract : China has released 100,000 tonnes of copper, aluminum and zinc from its national reserves to maintain market order, the National Food and Strategic Reserves Administration said Wednesday.

BEIJING, July 8 (Xinhua) -- China has released 100,000 tonnes of copper, aluminum and zinc from its national reserves to maintain market order, the National Food and Strategic Reserves Administration said Wednesday.

The move was made in accordance with a decision at the State Council's executive meeting on ensuring the supply and stabilizing the prices of bulk commodities, it said.

More releases will follow to relieve the pressure of enterprises over soaring raw material costs, it said. Enditem

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Keyword: China copper aluminum zinc Financial Str. Release

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