News

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database ...
Driven by the strong performance of precious metals in July, domestic silver-lead ore processing fees continued their downward trend, with market structural differentiation intensifying. Most ...
Per SMM's latest industry survey, August's projected lithium carbonate supply stands at 99,600 tons (82,000 tons domestic + 17,000 tons net imports), up 1% MoM, against demand of 96,500 tons—a ...
The U.S. decision to double Section 232 aluminium tariffs to 50% on June 4 (after sitting at 25% since mid-March) instantly ...
[SMM Daily Review: Price Center of High-grade NPI Continues to Rise, but Market Wait-and-See Sentiment Remains Strong] On July 25, the average price of SMM 8-12% high-grade NPI was 910 yuan/mtu ...
Today, the most-traded BC copper contract opened at 70,560 yuan/mt with a short position of 508 lots, closing the day with a bearish candle. During the night session, the most-traded BC copper ...
In recent years, zinc mine and smelting capacity has expanded rapidly. To better understand changes in the zinc industry's supply-demand pattern and predict price trends, the SMM zinc research team ...
The daily high was 6,414 yuan/mt and the low was 5,954 yuan/mt. Trading volume was 877,130 lots, and open interest was 387,032 lots. On the raw material side, South32's offer for South African ...
Today, Dalian iron ore futures were in the doldrums today, with the most-traded contract I2509 closing at 802.5, down 1.11% for the day. Traders showed moderate willingness to sell, while steel mills ...
With the July Politburo meeting approaching, market risk aversion intensified, keeping futures in the doldrums. Next week, fundamentals are expected to show strong supply and demand dynamics, with ...
Recently, the molybdenum market has been fluctuating strongly, with prices of molybdenum concentrate and ferromolybdenum rising sharply. As of today, 45-50% molybdenum concentrate is priced at 4,020-4 ...
Zinc prices hover at highs this week driven by positive macro sentiment and trade negotiations] At the beginning of the week, cancelled LME zinc warrants surged to 59,900 mt, accounting for more than ...