Metal1m
China's Monthly Bauxite Import Data for August 2024
According to the General Administration of Customs of China, China imported 15.546 million mt of bauxite in August 2024, up 3.64% MoM and up 34.23% YoY. By country, imports from Guinea were 11.0036 ...
Metal3m
Rare Earth Prices Slightly Increased, Trading Atmosphere Remained Lukewarm [SMM Daily Review]
On September 19, Pr-Nd prices slightly increased, with overall price fluctuations in the rare earth market remaining minimal.
Metal25m
With Normal Stainless Steel Shipments During the Holiday And Fewer Sales Days, Overall Inventory Increased by 1.12% [SMM Analysis]
As of September 19, SMM social inventory of stainless steel was 971,400 mt, up 1.12% WoW.
Metal33m
Macro Sentiment Improved, LME Zinc Fluctuated at Highs [SMM Zinc Morning Comment]
Overnight, LME zinc opened at $2,880/mt. At the beginning of the session, short positions increased, pushing LME zinc down to $2,848/mt. Subsequently, long positions entered at the lows, driving LME ...
Metal1h
SHFE tin prices remained rangebound at high levels during the night session, the spot market saw sluggish transactions [SMM Tin Morning Comment]
In the night session yesterday, the most-traded SHFE tin contract closed at 259,080 yuan/mt, up 2,930 yuan/mt, an increase of 1.14%. The highest price was 260,280 yuan/mt, and the lowest was 257,900 ...
Metal1h
SMM Morning Comment For SHFE Base Metals On September 20
The most-traded SHFE aluminum 2411 contract opened at 20,105 yuan/mt overnight, reaching a high of 20,135 yuan/mt and a low of 20,040 yuan/mt, and closed at 20,080 yuan/mt, up 120 yuan/mt or 0.6%.