• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Beijing Sets July 29 as the Date for the Next Sale of Metal Stockpiles to Tame Prices

July 21, 2021 by Forex Winner Leave a Comment

Beijing Sets July 29 as the Date for the Next Sale of Metal Stockpiles to Tame Prices

Source: Nasdaq

China is set to sell an additional 170,000 metal stockpiles of copper, aluminum, and zinc from its state reserves on July 29.

Best Forex Robots ›

Compare leading trading systems on the market

USDCNY is down -0.19%, CSI 300 is up +0.69%. 

The metal sales will comprise 30,000 tonnes of copper, 90,000 tonnes of aluminum, and 50,000 tonnes of zinc.

The auction happens for the second time as Beijing aims to curtain the rising commodity prices.

Beijing is confident its national metal reserves are sufficient to stabilize expectations and achieve market goals.

The second batch of metal sales will occur on China’s online platforms run by Minmetals Corp. and Norinco. 

In the first round of metal sales on July 5, Beijing released 20,000 tonnes of copper, 50,000 tonnes of aluminum, and 30,000 tonnes of zinc, with prices 3-9% below the market.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Man charged in New York with 3-week kidnapping to try to steal Bitcoin

May 30, 2025

Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026

May 29, 2025

Second suspect in New York bitcoin kidnapping surrenders to police

May 28, 2025

Footer

Forex Broker Reviews

FXCM

FXCM Review

November 13, 2019 By Forex Winner

Breaking Equity Review: A Comprehensive Analysis of the Latest Trends and Opportunities in the Stock Market

May 20, 2023 By Forex Winner

simplefx

SimpleFX Review

December 19, 2019 By Forex Winner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure