Metal closed down almost across the board. Shanghai Nickel rose more than 4% and the black decline narrowed down [SMM Daily Review]

Publié: Mar 15, 2022 17:51
Source: SMM
[SMM Daily Review: metal almost all closed down Shanghai Nickel rose more than 4% Black decline narrowed] by the end of the day, basic metals closed down nearly all, only Shanghai Nickel floated red, up 4.67%; Shanghai tin fell nearly 4%, Shanghai aluminum and lead both fell more than 1%. Black, only stainless steel closed up at 1.15%. The decline in iron ore narrowed to 4.61 per cent compared with yesterday, while hot rolling fell by more than 2 per cent. In the coal system, only thermal coal rose slightly by 0.2%, coking coal decreased by 5.83%, and coke decreased by 4.76%.

SMM3 March 15: today, the dollar index "roller coaster" trend, crude oil futures fell for the second day in a row, as of 15:05, the dollar index fell 0.17%, US crude oil and Brent crude oil both fell more than 5%.

Metal market: by the end of the day, basic metals closed down, with only Shanghai nickel floating red, up 4.67%; Shanghai tin fell nearly 4%, and Shanghai aluminum and lead both fell more than 1%.

View the spot historical price of SMM metal

After setting a record high on March 9, Shanghai and tin gradually tended to be "calm", only closing up slightly on the 9th and 11th. According to SMM analysis, fundamentals, there is a significant increase in domestic warehouse receipt inventory, and the sluggish demand for production restrictions downstream near the delivery period makes the seller's willingness to deliver has increased. On the market trend, the Shanghai-tin market trend continued to be weak last night, and the price is now running steadily under the 330000 yuan / ton integer mark, and the trend has not rebounded strongly. "View details

"the spot in Shanghai and tin fell 9% in 4 trading days, and the epidemic was suddenly concerned about the impact of demand [SMM Quick Review]

Recently, the nickel market has experienced ups and downs. Shanghai nickel has rebounded after two consecutive falls in the limit last week, with the biggest intraday gain of more than 8% today. According to SMM research and analysis, the supply side, the current situation in Russia and Ukraine is still tense, the current supply is still unable to meet the current demand growth rate, since funds pushed nickel prices to a high level last week, the market is gradually returning to fundamentals. After the extreme market, the downstream manufacturers on the demand side are still waiting for the price to return to a reasonable range. "View details

"Nickel price ups and downs Nickel is about to resume the trading market how to wait? [SMM Quick Review]

"heavy! LME resumes nickel trading what you care about most is here! [SMM analysis]

Black, only stainless steel closed up at 1.15%. The decline in iron ore narrowed to 4.61 per cent compared with yesterday, while hot rolling fell by more than 2 per cent.

In the coal system, only thermal coal rose slightly by 0.2%, coking coal decreased by 5.83%, and coke decreased by 4.76%.

LME metal futures: with the exception of Lun Nickel suspended trading, almost all other metals fell, only Lun lead rose slightly. As of around 15:15, Lun lead rose 0.18%, Lunxi fell 0.79%, Lun Copper fell 0.51%, Lun Al fell 0.36%, and Lun Zinc fell 0.11%.

As at 15:16 on March 15:

"Click to view the real-time market.

SMM Daily Review

SMM Daily Review: the trend of alumina is weak and wait for the price anchor to appear.

Today, the SMM regional weighted index was 2974 yuan / ton, down 1 yuan / ton from yesterday; Shandong region was at 2870-3000 yuan / ton, down 40 yuan / ton from yesterday; Henan region was at 2980-3020 yuan / ton, flat compared with yesterday. At present, there are many outbreaks, transportation and control are beginning to be strict, the circulation of alumina and the replenishment of raw materials are relatively difficult, the regional circulation has declined, but as of today, the impact is relatively limited and has not stimulated the price rebound. Rigid demand downstream aluminum plants mainly to implement long orders, spot procurement. "View details

"View the price of SMM aluminum products

Foshan stainless Steel Daily Review: Foshan spot prices and rising SS and Shanghai Nickel cause thinking

On March 15, the spot prices of all departments in Foshan market were basically flat, but near noon, there were some merchants in Foshan 304 with a slight increase. As the Wuxi market rose many times, Foshan market also followed the rising market. Although the current trading situation was relatively general, the business logic for why it rose was not clear. It was just that the market rose and they also rose, and the opening of Lunni tomorrow was actually the focus of attention of the whole market. The market has no clear opinion on how to go, but the market seems to have feedback on the market's expectations for the future. "View details

"View the price of SMM stainless steel products

The stock market closed

The market fluctuated lower throughout the day, led by the Shanghai Composite Index.

On the whole, individual stocks fell more than rose less, more than 4400 stocks fell in the two markets, less than 300 stocks rose, and more than 100 stocks fell by the limit. Today's turnover on the Shanghai and Shenzhen stock markets is 1.1243 trillion, 161.3 billion higher than that of the previous trading day.

In terms of plates, coal, precious metals, oil and gas mining, iron and steel and other plates led the decline.

By the close, the Prev index was down 4.95%, the Shenzhen index was down 4.36%, and the gem index was down 2.55%. Northbound funds sold 16.024 billion yuan in net sales throughout the day, with net sales of more than 10 billion yuan for two consecutive days, of which Shanghai shares sold 8.864 billion yuan and Shenzhen stocks sold 7.161 billion yuan.

The small metals sector fell for the third day in a row, with today's index falling 5.3 per cent more than yesterday's decline. In terms of individual stocks, only three shares of Earth Bear, Platinum New Materials and Dragon Magnetic Technology were floating red, while other stocks fell.

The three major A-share indexes all fell throughout the day. Coal, precious metals, steel and other sectors led the decline. [stock market closed]

"View the price of SMM copper products

"View the price of SMM lead products

"View the price of SMM zinc products

"View the price of SMM tin products

"View the price of SMM nickel products

[SMM Today's News] Metal Plus fell by more than 4% in Shanghai and Tin at one time | matters needing attention for resuming trading of LME Nickel

Déclaration sur la source des données : À l'exception des informations publiques, toutes les autres données sont traitées par SMM sur la base d'informations publiques, d'échanges avec le marché et en s'appuyant sur le modèle de base de données interne de SMM. Ils sont fournis à titre indicatif uniquement et ne constituent pas des recommandations décisionnelles.

Pour toute demande d'information ou pour en savoir plus, veuillez contacter : lemonzhao@smm.cn
Pour plus d'informations sur l'accès à nos rapports de recherche, veuillez contacter :service.en@smm.cn
Actualités Connexes
Greenland Mines achève un programme d'échantillonnage en vrac de 104,8 tonnes au projet Skaergaard PGM
il y a 1 heure
Greenland Mines achève un programme d'échantillonnage en vrac de 104,8 tonnes au projet Skaergaard PGM
Lire la suite
Greenland Mines achève un programme d'échantillonnage en vrac de 104,8 tonnes au projet Skaergaard PGM
Greenland Mines achève un programme d'échantillonnage en vrac de 104,8 tonnes au projet Skaergaard PGM
[SMM Flash] Greenland Mines a achevé un programme d'échantillonnage en vrac de 104,8 tonnes sur sept sites de son projet de palladium-platine-or Skaergaard, dans l'est du Groenland. Les échantillons sont en cours de préparation pour des essais métallurgiques à grande échelle et à l'échelle pilote chez GTK Mintec en Finlande, tandis que la société poursuit ses études d'ingénierie, de traitement, d'infrastructure et de gestion des déchets visant à faire progresser l'évaluation technique du projet. La ressource S-K 1300 de Skaergaard comprend actuellement environ 15,0 millions d'onces d'équivalent palladium indiquées et 17,49 millions d'onces d'équivalent palladium présumées, selon Greenland Mines. Le programme d'essais en vrac représente une étape importante dans l'évaluation des options de traitement et de récupération pour l'un des plus grands systèmes non développés de palladium-platine-or en dehors des principales régions d'approvisionnement d'Afrique du Sud, du Zimbabwe et de Russie. Toutefois, les ressources minérales déclarées ne constituent pas des réserves minérales et le dernier programme ne représente pas une décision de développement ou de production commerciale.
il y a 1 heure
Deux Rivières fait progresser les travaux de validation pour le projet Merensky, avec une production potentielle de 182 000 onces de 6E par an
il y a 1 heure
Deux Rivières fait progresser les travaux de validation pour le projet Merensky, avec une production potentielle de 182 000 onces de 6E par an
Lire la suite
Deux Rivières fait progresser les travaux de validation pour le projet Merensky, avec une production potentielle de 182 000 onces de 6E par an
Deux Rivières fait progresser les travaux de validation pour le projet Merensky, avec une production potentielle de 182 000 onces de 6E par an
[SMM Flash] Two Rivers, la coentreprise sud-africaine de métaux du groupe du platine entre African Rainbow Minerals et Impala Platinum, fait avancer les travaux de validation technique de son projet Merensky sur le flanc est du complexe du Bushveld. Des fonds pour les travaux préliminaires ont été approuvés au cours de l'exercice 2026 afin de réaliser les études nécessaires pour déterminer la voie à suivre pour le projet. Le concentrateur de Merensky a été mis en service au cours des six mois précédant décembre 2024, mais a ensuite été placé sous entretien et maintenance en raison des conditions difficiles du marché des MGP. Le projet affiche un coût en capital d'environ 7,3 milliards de rands et est conçu pour produire environ 182 000 onces de MGP 6E par an en régime de croisière, ainsi qu'environ 1 600 tonnes de nickel et 1 300 tonnes de cuivre par an. Une reprise pourrait donc fournir une offre supplémentaire significative de MGP provenant d'une exploitation sud-africaine existante. Toutefois, le projet reste en cours de validation technique et aucune date de redémarrage ni décision finale de reprise de la production n'a été annoncée.
il y a 1 heure
Les contrats à terme sur le platine progressent légèrement ; activité modérée sur le marché au comptant [Revue quotidienne SMM]
il y a 5 heures
Les contrats à terme sur le platine progressent légèrement ; activité modérée sur le marché au comptant [Revue quotidienne SMM]
Lire la suite
Les contrats à terme sur le platine progressent légèrement ; activité modérée sur le marché au comptant [Revue quotidienne SMM]
Les contrats à terme sur le platine progressent légèrement ; activité modérée sur le marché au comptant [Revue quotidienne SMM]
il y a 5 heures
Metal closed down almost across the board. Shanghai Nickel rose more than 4% and the black decline narrowed down [SMM Daily Review] - Shanghai Metals Market (SMM)