China on July 21 announced plans to release the second batch of copper, aluminum, and zinc from the national reserves to stabilize commodity prices, according to the country's top economic regulator and the state reserves authority. The National Development and Reform Commission and the National Food and Strategic Reserves Administration said China will release 30,000 tons of copper, 90,000 tons of aluminum, and 50,000 tons of zinc from its reserves toward this month-end. On July 5, the NDRC and the NFSRA completed the release of the first batch, publicly auctioning 100,000 tons of copper, aluminum, and zinc. More ... (full story)