News

Shanghai Metals Market2h
Most metals rise, with lithium carbonate and iron ore up nearly 2%; alumina, SHFE zinc, and stainless steel lead gains [SMM Midday Review]
As of the midday close, nearly all domestic base metals rose, with SHFE zinc up 1.14%, SHFE aluminum up 0.98%. SHFE lead fell ...
Shanghai Metals Market5h
US CPI data unexpectedly falls below expectations, bullish for copper prices [SMM Copper Morning Meeting Summary]
US CPI Data Unexpectedly Falls Below Expectations, Bullish for Copper Prices] On May 13, spot prices of SMM #1 copper cathode ...
Shanghai Metals Market6h
US CPI Falls Below Expectations, US Dollar Declines, Metals Rise Across the Board; LME Copper, LME Zinc, and SHFE Zinc Gain Over 1% [Overnight Market]
Overnight, metals in both domestic and overseas markets generally rose. LME copper, LME zinc, and SHFE zinc all increased by ...
Shanghai Metals Market30m
iMotion, Delloyd to establish two joint ventures in Malaysia for ADAS production, sales
On May 13, iMotion Technology's wholly-owned Singapore subsidiary, iMotion Automotive Technology (Singapore) Pte. Ltd., signed two joint venture agreements with Malaysian automotive components leader ...
Shanghai Metals Market22m
XPENG announces foray into Italian market
At the launch event in Italy, XPENG presented three flagship innovations: the XPENG P7+, the XPENG X2 flying car, and its humanoid robot.
Shanghai Metals Market2h
Silver Prices Stabilize Amid Volatility, Downstream Enterprises Adopt Cautious Procurement Strategy for Rigid Demand [SMM Daily Review]
According to SMM, the premiums and discounts for TD warrants of standard silver ingots in Shanghai remained at 4-5 yuan/kg in the morning session, but the actual transactions tended to narrow the ...
Shanghai Metals Market2h
May 14: Aluminum prices rose for three consecutive days, while processing fees remained under pressure [[Daily Review of Spot Aluminum Billets]]
SMM A00 aluminum was reported at 20,210 yuan/mt, up 200 yuan/mt from the previous trading day, with a premium of +20 yuan/mt over the May contract, up 40 yuan/mt from the previous trading day. On May ...
Shanghai Metals Market2h
Countdown to Delivery: Non-deliverable Cargo Available at Lower Prices, Deliverable Cargo and Warrant Prices Hold Firm [SMM Shanghai Spot Copper]
SMM Spot Copper] Tomorrow is the last trading day for the SHFE copper 2505 contract. Based on the current spot discounts of approximately 50 yuan/mt and the price spread between futures contracts ...
Shanghai Metals Market2h
Guangdong Zinc: Market trading atmosphere sluggish, spot premiums continue to decline [SMM Midday Review]
Sluggish trading atmosphere in the market, spot premiums continue to decline] The mainstream transactions of 0# zinc in Guangdong were concluded at 22,810-22,980 yuan/mt. The mainstream brands quoted ...
Shanghai Metals Market2h
Ningbo Zinc: Impact of Low Import Prices, Traders Continue to Adjust Prices [SMM Midday Review]
Impact of Low Import Prices, Traders Continue to Adjust Prices] The transaction prices of mainstream brand 0# zinc in the Ningbo market were around 22,845-22,925 yuan/mt. The quotes for mainstream ...
Shanghai Metals Market2h
Tianjin Zinc: Futures Market Rebounds, Trading Dominated by Traders [SMM Midday Review]
Futures Market Rebounds, Traders Dominate Trading] In the Tianjin market, the mainstream transaction price of #0 zinc ingot ranged from 22,790 to 23,060 yuan/mt, with Zijin's transaction price ranging ...
Shanghai Metals Market2h
Shanghai Zinc: Futures Market Rises Significantly, Downstream Purchase Willingness Low [SMM Midday Review]
Futures Market Rises Significantly, Downstream Purchase Willingness Low]: Today, the mainstream transaction prices for 0# zinc were concentrated in the range of 22,785-22,975 yuan/mt, with Shuangyan ...