Preholiday stockpiling, low stocks buoy SHFE zinc prices

The SHFE 1811 contract jumped for two consecutive days and broke through 21,000 yuan/mt as of Wednesday Sep 19

07:00PM yesterday

SMM Insight

Fundamentals to buoy copper prices after US-China trade war recedes from the spotlight

Inventories across LME, SHFE and COMEX as of Friday Sep 14 stood 18.2% lower than the corresponding period last year

11:50AM yesterday

SMM Insight

Several manganese products exempt from fresh US tariffs

This compared with the list released by the Trump administration in early Jul, which covered almost all manganese products from China

11:32AM yesterday

SMM Insight

Steel spot prices to weaken in short term as typhoon lowers demand

But current low inventories will limit downward room in steel prices

03:27PM Sep 18, 2018

SMM Insight

Limited impact from typhoon on Guangdong’s lead industry

Some secondary lead smelters suspended. Lead-acid battery producers suspended for Sep 16-17 and would resume on Tuesday

11:45AM Sep 18, 2018

SMM Insight

Mines in Gucheng to suspend for rectification till end-2018

Gucheng is the largest supplier of raw materials for chemical-grade silicon plants in Sichuan

06:02PM Sep 14, 2018

SMM Insight

SMM Secondary Lead-acid Battery Summit: Automobiles to grow lead consumption

China produced 16.1 million automobiles in Jan-Jul, up 3.52% from the corresponding period last year

03:37PM Sep 14, 2018

SMM Insight

Lower alumina ratio, demand recovery buoys prices of PB fines

Prices of Pilbara Blend fines came close to prices of Brazilian resources such as Carajas fines and Brazilian Blend Fines

01:05PM Sep 14, 2018

Price Review & Forecast

Shandong province sets charges on captive power plants

The province's price bureau setcharges at 0.1016 yuan/kWh, with an adjustment period from Jul 1, 2018 to Dec 31, 2019

12:47PM Sep 14, 2018

Price Review & Forecast

Regular curbs in Henan, Shanxi to further buoy bauxite prices in Oct

Prices in the two provinces have risen from Mar, as environmental curbs limited supply

04:53PM Sep 13, 2018

SMM Insight