News

Shanghai Metals Market2h
Prices of titanium sponge generally decline, with the market operating under pressure [SMM Titanium Spot Cargo Bulletin]
SMM reported on July 17 that the average price of Grade 0 titanium sponge was 52,500 yuan/mt today, down 1,000 yuan from the previous working day. The average price of Grade 1 titanium sponge was ...
Shanghai Metals Market2h
Cost support strengthened, and the price of ADC12 maintained a narrow range trend amid off-season demand[SMM analysis]
Supported by aluminum scrap costs, the price spread between the two is anticipated to narrow again. However, given weak demand and high social inventory levels, the upside room for ADC12 prices is ...
Shanghai Metals Market2h
Weekly social inventory of silicon metal continued to decline on a WoW basis [SMM Silicon Inventory]
SMM: Silicon Metal Weekly Social Inventory Continues to Decline WoW] SMM reported that the total social inventory of silicon metal in major regions was 547,000 mt as of July 17, a decrease of 4,000 mt ...
Shanghai Metals Market2h
BC copper closed slightly lower, with the inverted structure continuing [SMM BC copper commentary]
Today, the most-traded BC copper 2508 contract closed at 68,990 yuan/mt, with a negative daily candlestick, indicating an increase in bearish open interest. During the night session, the most-traded ...
Shanghai Metals Market2h
MMi Daily Iron Ore Report (July 17)
Today, DCE iron ore futures continued to rally, with the most-traded contract I2509 closing at 785.5, up 1.81% for the day. Traders were highly motivated to sell, and speculative trading also ...
Shanghai Metals Market9h
Silver Bull Run May Be Coming, Aided by Robust Fundamentals and Russian Central Bank Buying
Willem Middelkoop, founder of the Commodity Discovery Fund, is one of the first to pay attention to the Russian Central ...
Shanghai Metals Market2h
Heatwave Hits: Hidden Costs of Smelters Rise, Magnesium Prices Find Stronger Support at Bottom
Since July, high temperatures have swept across most parts of the country, driving electricity consumption to record highs. Additionally, amid the significant increase in energy consumption such as ...
Shanghai Metals Market3h
Inventory pressure for stainless steel has eased, and the market has a clear expectation for price increases [SMM Stainless Steel Daily Review]
Stainless Steel Inventory Pressure Eases, Market Sentiment for Price Increase is Evident] SMM reported on July 17 that the SS futures market experienced a trend of initial decline followed by an ...
Shanghai Metals Market3h
Separator prices remained stable during the week, with supply and demand operating on dual tracks and limited short-term fluctuations.
Separator prices remained stable during the week, with supply and demand operating on dual tracks and limited short-term fluctuations] This week, the overall market prices of separators remained ...
Shanghai Metals Market3h
Co3O4 trading activity has weakened, with long-term contract fulfillment as the main focus. The market outlook is still expected to be bullish.
[Co3O4 trading activity weakens, with long-term contract fulfillment as the main focus. The market outlook remains bullish.] ...
Shanghai Metals Market3h
Social inventory in China increased slightly, and SHFE zinc recorded a large bullish candlestick [SMM zinc futures brief comment]
Domestic social inventory increased slightly, with SHFE zinc recording a large bullish candlestick] The most-traded SHFE zinc 2508 contract opened at 22,090 yuan/mt. After the opening, longs and ...
Shanghai Metals Market4h
"Rat race" competition in prices, operating rate of PV frame profiles continues to face pressure [SMM Analysis]
SMM Analysis: "Rat Race" Competition in Prices, Operating Rate of PV Frame and Extrusion Continues to Face Pressure] This week, sample enterprises reported a decline in orders and a further drop in ...