China's National Food and Strategic Reserves Administration to release reserves of copper, aluminum and zinc
2021-06-18 20:02:53 [Print]
On June 16, the National Food and Strategic Reserves Administration of China announced that it will soon release copper, aluminum and zinc from state reserves onto the market, which will be open to middle and downstream processing and manufacturing enterprises, who will compete for the materials through public bidding
. The participation conditions will be as much as possible in favor of small and medium-sized enterprises . In the future, the administration will work with relevant departments to timely launch multiple batches of these materials in light of market changes, so as to increase market supply in a timely manner, relieve the cost pressure of enterprises and promote the price to return to a reasonable range.