The Top 5 Most Demanded Commodities in the World

Commodities are the raw materials that are essential for the functioning of modern economies. They are the backbone of many industries and are used to manufacture a wide range of products that we use in our daily lives. While there are many different types of commodities, some are more in demand than others. In this article, we will explore the top 5 most demanded commodities in the world. Crude OilCrude oil is the most demanded commodity in the world, with Read Full Details…

Imports and Exports of Copper Semis Slumped in January due to CNY holiday

SMM expects that China’s copper semis imports in January to have fallen 33.41% MoM and 47.41% YoY to 22,000 mt. Exports are estimated to stand at 31,500 mt in January, down 36.18% MoM, and down 55.82% YoY. We believe that the sharp month-on-month drop in copper semis imports in January was due to the CNY holiday. According to customs data, the total import volume of copper rods and copper wires from January to December 2022 was 142,100 mt, a significant Read Full Details…