ASG 11 22: today's non-ferrous metal green manure red and thin, by the end of the day, Shanghai copper fell 0.49%, Shanghai aluminum rose 0.14%, Shanghai zinc fell 0.69%, Shanghai lead fell 0.23%, Shanghai nickel fell 0.41%, Shanghai tin rose 1.84%.

Among them, as of Friday (November 22), the total social inventory of lead ingots in the five places reached 35600 tons, down 4500 tons from Friday's month-on-month, ending three consecutive weeks of upward trend. Lead prices fell again this week, with the average price of SMM1# electrolytic lead falling to a new low of 15600 yuan per ton this year. However, under the restriction of environmental protection factors, the regional shortage of recycled lead supply has not been alleviated, coupled with the decline of lead price, recycled lead approaches the cost line, and the discount of recycled lead is further narrowed. "[SMM data] the price difference of recycled lead has further narrowed the inventory of lead ingots in the five places.

On the copper side, (Sernageomin), the Chilean geological and mineral service, hopes to cut the approval time for mine closure plans by more than half. Chile's current regulations on the closure of mining facilities have a history of eight years. Last June, the Senate approved an amendment to the mine closure law aimed at reducing the financial burden on mine owners by allowing mining companies to enjoy insurance policies to address mine closure costs. Mining companies currently in temporary closure can choose to change the closure plan instead of conducting a comprehensive audit and risking shutdown.