News

Insufficient Downstream Purchasing Enthusiasm, Spot Premiums Decline] The mainstream transaction price of 0# zinc in Guangdong ranged from 22,465 to 22,550 yuan/mt. Mainstream brands were quoted at a ...
Review: Molybdenum Market Decline Slows Down, Market Still Under Pressure] SMM reported on June 27: Today, the molybdenum market operated steadily for the most part. There were few spot orders for ...
Arrival of Anning Zinc Ingots Further Deteriorates Market Premiums] The mainstream #0 zinc ingot transactions in the Ningbo market were priced at approximately 22,560-22,710 yuan/mt. Conventional ...
Recent official news indicates that Hunan Anhua Zhazixi Mining Co., Ltd., a subsidiary of Hunan Gold Group, plans to halt antimony smelting in July, affecting production by over 500 mt. Since June, a ...
The SHFE/LME price ratio collapsed significantly during the day, with spot losses against the SHFE copper 2507 contract expanding to 3,000 yuan/mt, and July date losses against the SHFE copper 2507 ...
Today, the SMM 1# lead average price remained flat compared to yesterday at 17,000 yuan/mt. The quotes from secondary lead smelters were basically flat compared to yesterday, with some cargo prices ...
Futures Continue to Rise, Premiums Decline] In the Tianjin market, the mainstream transaction price of #0 zinc ingot was between 22,440 and 22,640 yuan/mt, with Zijin trading at 22,460-22,670 yuan/mt.
► Shanghai Zinc: Futures market continues to strengthen while premiums drop significantly [SMM Midday Review] ...
The final Q1 GDP of the US was revised down to a contraction of 0.5%, and initial jobless claims were lower than expected, leading to increased expectations for a US Fed interest rate cut. The US ...
Futures Market Continues to Strengthen, Premiums Drop Significantly]: Today, the mainstream transaction prices for 0# zinc were concentrated in the range of 22,520 to 22,695 yuan/mt, with Shuangyan ...
Today, in North China, the spot premiums/discounts of #1 copper cathode against the front-month contract ranged from a discount of 200 yuan/mt to a discount of 120 yuan/mt, with an average discount of ...
SMM data showed that the total inventory of iron ore at 35 ports reached 136.92 million mt, an increase of 140,000 mt WoW. The daily average port pick-up volume of imported ore was 3.06 million mt, an ...