SMM Chinese New Year Holiday Price Update Notice

Published: Feb 14, 2026 09:19
As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.

Dear Visitors and Users,

As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.

SMM will suspend the update of domestic metal prices during the holiday period (February 15-23).

It is important to note that the update of overseas metal prices will not be interrupted during the holiday period. Our professional team will continue to track the overseas market dynamics and release the latest overseas metal prices as scheduled, ensuring you can obtain real-time and accurate overseas market information.

The table below is the detailed arrangement for various metal price update adjustment.

SMM highly values your trust and support. We apologize for any inconvenience caused by the temporary suspension of domestic price updates and appreciate your understanding. If you have any questions during the holiday, please feel free to contact our customer service team, and we will respond to you as soon as possible after the holiday.

Wish you and your family a happy and prosperous Chinese New Year! May the new year bring you health, joy and abundant business opportunities.

 

Best regards

Shanghai Metals Market (SMM)

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
SMM: Copper Inventory Hits 5-Year High Post-CNY, Surging 154.9K MT Amid Weak Demand and Supply Surge
1 hour ago
SMM: Copper Inventory Hits 5-Year High Post-CNY, Surging 154.9K MT Amid Weak Demand and Supply Surge
Read More
SMM: Copper Inventory Hits 5-Year High Post-CNY, Surging 154.9K MT Amid Weak Demand and Supply Surge
SMM: Copper Inventory Hits 5-Year High Post-CNY, Surging 154.9K MT Amid Weak Demand and Supply Surge
【SMM Copper Inventory Update】Concentrated arrivals of imported and domestic supplies, with additional cargoes queuing for warehousing, coupled with suppliers actively stocking up driven by delivery requirements, along with persistently weak consumption during the Chinese New Year on the demand side, collectively contributed to a significant inventory buildup. According to SMM data, as of February 24, 2026, social inventory of copper cathode in mainstream domestic areas increased by 154,900 mt during the holiday, reaching a five-year high, with the total volume exceeding 500,000 mt.
1 hour ago
On the first trading day after the holiday, some downstream enterprises had not yet resumed work [SMM North China Spot Copper]
1 hour ago
On the first trading day after the holiday, some downstream enterprises had not yet resumed work [SMM North China Spot Copper]
Read More
On the first trading day after the holiday, some downstream enterprises had not yet resumed work [SMM North China Spot Copper]
On the first trading day after the holiday, some downstream enterprises had not yet resumed work [SMM North China Spot Copper]
Spot prices of #1 copper cathode in North China against the front-month contract were at a discount of 200-20 yuan/mt today, with an average discount of 110 yuan/mt, up 160 yuan/mt from the previous trading day. Transaction prices ranged from 100,530-101,740 yuan/mt, with an average price of 101,135 yuan/mt, up 1,170 yuan/mt from the previous trading day.
1 hour ago
Queensland Copper Theft Losses Surge, Govt Promises Tighter Laws
Common.Time.hoursAgo
Queensland Copper Theft Losses Surge, Govt Promises Tighter Laws
Read More
Queensland Copper Theft Losses Surge, Govt Promises Tighter Laws
Queensland Copper Theft Losses Surge, Govt Promises Tighter Laws
Copper theft in Queensland has cost millions and disrupted infrastructure, prompting promises of stricter scrap metal controls amid higher copper prices.
Common.Time.hoursAgo