Mineral rises and attention to China at the beginning of 2025

Industrial minerals rose in the first trade sessions in the new year, after a special survey indicated the growth of the manufacturing sector in China and amid investors’ evaluation of the scope of new incentives that Beijing will take in 2025. The buyer rose by more than 1% in London, after it was closed at its lowest levels on Tuesday, even before the market holidays. In China, the Caixin index established the manufacturing managers of the manufacturing sector above 50 points for the third consecutive month in December, despite the decline of the previous month, indicating a volatile recovery in the largest consumer of minerals in the world. The Six Metal Minerals index on the London Metal Stock Exchange ended in 2024 with a modest 4%increase, amid interrupted tensions in copper and zinc supplies due to the decline in equities and a lack of mining supplies, which instead of the impact of weak Chinese demand. Investors are focusing on the chances of recovering the country’s struggling real estate sector this year, which is a key factor in demand for minerals, in addition to the potential impact of commercial skirmishes of US president’s elections Donald Trump. The brass trade took 1.1% at $ 886.50 per tonne on the London Metal Stock Exchange at 11:09 in Shanghai. The sink price rose 1.2% to $ 3014 per tonne, after 12% rose over the past year, while nickel rose by $ 1% to $ 15480. Iron ore instead of the losses he recorded in the early trading, by 0.8% to $ 101.75 per ton in Singapore. The most important component used in the steel industry collapsed by 28% last year, which incurred its biggest annual losses since 2015 after the real estate crisis in China influenced demand and mining companies strengthened their consignments.