Shanghai Metals Market

The most-traded SHFE tin futures contract maintains fluctuating trend. Overseas inventories accumulation suppresses LME prices [SMM Tin Midday Review]

The most-traded SHFE tin contract maintains fluctuating trend, overseas inventories accumulation suppresses LME price] ...
Shanghai Metals Market

[SMM Nickel Midday Review] Nickel Prices Continue to Rebound on December 18, US Fed Governor Waller Says There Is Still Room to Cut Interest Rates

The most-traded SHFE nickel contract (2601) rose slightly during the night session before pulling back, fluctuating in the morning session, closing at 113,470 yuan/mt, up 0.66%.
Shanghai Metals Market

Suppliers cut prices to destock, spot premiums/discounts fall to low levels [SMM North China spot copper]

In North China today, spot prices of #1 copper cathode against the front-month contract were at a discount of 400-320 yuan/mt, averaging a discount of 360 yuan/mt, down 20 yuan/mt from the previous ...
Shanghai Metals Market

[SMM Analysis] Weak Downstream Procurement Demand Leads to Decline in Nickel Salt Prices

As of Thursday this week, the SMM battery-grade nickel sulphate index price stood at 27,121 yuan/mt, with the quotation range for battery-grade nickel sulphate at 27,380-27,480 yuan/mt. The average ...