News

Shanghai Metals Market4m
Spot aluminum transactions have weakened significantly, with premiums pulling back and market discounts improving [SMM Spot Aluminum Midday Review]
Spot Aluminum Transactions Weaken Significantly, Premiums Pull Back, Market Discounts Improve] Inventory side, according to SMM's domestic aluminum ingot inventory data from three locations, domestic ...
Shanghai Metals Market1h
Secondary Lead: Downstream Inquiries Show Positive Momentum, Some Enterprises Restock to Meet Immediate Needs [SMM Lead Midday Review]
Today, the SMM 1# lead average price dropped by 25 yuan/mt from yesterday to 16,725 yuan/mt. Secondary lead suppliers adjusted their prices in line with the market, with relatively small changes. The ...
Shanghai Metals Market1h
Guangdong Zinc: Contract rollover in Guangdong today, downstream demand performance was average [SMM Midday Review]
Contract rollover in Guangdong today, downstream demand shows average performance] The mainstream transactions of 0# zinc in Guangdong ranged from 21,950 to 22,115 yuan/mt. Mainstream brands were ...
Shanghai Metals Market1h
Silver prices continue to consolidate, with spot cargo transactions appearing slightly sluggish [SMM Daily Review]
Today, silver prices consolidated around the 8,800 yuan/kg level. According to SMM, suppliers holding warrants for national standard silver ingots in Shanghai, with spot payment and spot delivery, ...
Shanghai Metals Market1h
Tug-of-war between Longs and Shorts in Tin Market: Struggle Between Tight Supply and Off-season Demand [SMM Tin Midday Review]
Midday Commentary on the Most-Traded SHFE Tin Contract and LME Tin Contract on June 17, 2025 ...
Shanghai Metals Market1h
Ningbo Zinc: Impact of Low Import Prices, Premium Continues to Decline [SMM Midday Review]
Impact of Low-Priced Imports Leads to Further Decline in Premium] The transaction price of mainstream brand 0# zinc in the Ningbo market ranges from approximately 21,980 to 22,105 yuan/mt. The premium ...
Shanghai Metals Market1h
Shanghai Zinc: Futures Market Rises Slightly, Downstream Players Take a Wait-and-See Attitude Again [SMM Midday Review]
Futures Market Rises Slightly, Downstream Players Adopt Wait-and-See Attitude Again]: Today, mainstream transaction prices for 0# zinc were concentrated in the range of 21,940-22,105 yuan/mt, with ...
Shanghai Metals Market1h
Spot premiums surged significantly after contract rollover, but downstream procurement remained moderate [SMM spot copper in South China]
Today, inventory in Guangdong declined again, mainly due to reduced arrivals after delivery completion. Affected by the price spread between futures contracts, spot premiums rose significantly after ...
Shanghai Metals Market2h
Spot market transactions performed poorly, with downstream players mainly executing long-term contracts [SMM North China Spot Copper]
Today, spot #1 copper cathode in North China was trading at a discount of 50 yuan/mt to a premium of 50 yuan/mt against the front-month contract, with an average price on par with the contract, up 220 ...
Shanghai Metals Market2h
China Energy Engineering Group: Wins Bid for 5.0051 Billion Yuan Jiangyin Sulong Project
China Energy Engineering Corporation Limited announced that the consortium, consisting of its subsidiary China Energy Engineering Group Jiangsu Electric Power Design Institute Co., Ltd. (the ...
Shanghai Metals Market3h
Understanding in One Article: How Important is the Strait of Hormuz to the Global Energy Market?
According to the International Energy Agency (IEA), approximately 20 million barrels of crude oil and refined products passed ...
Shanghai Metals Market4h
Multiple factors are favorable, LME lead jumps to a two-and-a-half-month high [SMM Lead Morning News]
[SMM Lead Morning News: Multiple Factors Favorable, LME Lead Jumps to Two-and-a-Half-Month High] SMM News on June 17: Overnight, LME lead opened at $1,985/mt. During the Asian session, LME lead ...