Nickel led the losses among SHFE base metals and ended down 3.46%
Price Review Forecast
06:28:52PM
SMM estimates that 80 vessels carrying 12.68 million mt of iron ore arrived at major Chinese ports during October 6-12, down 1.12 million mt from the week ended October 5.
Price Review Forecast
05:55:46PM
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Oct 15, 2019
Data Analysis
03:14:10PM
Arrivals at ports in the major steelmaking hub of Tangshan increased significantly
Data Analysis
02:41:34PM
Russian nickel was quoted in a premium of 200-300 yuan/mt over the SHFE 1911 contract
Price Review Forecast
01:56:58PM
SHFE base metals, except for aluminium, traded lower overnight
Price Review Forecast
09:45:18AM
The US dollar rebounded slightly against a basket of other currencies
Data Analysis
08:44:53AM
Most SHFE base metals closed lower as bullish positions booked profits and exited after US, China agreed to trade truce
Price Review Forecast
07:03:00PM yesterday
Stocks were 1,700 mt higher from last Friday
Data Analysis
06:39:10PM yesterday
Customs data show that China imported 99.35 million mt of iron ore in September, recording a new 19 month high.
Price Review Forecast
06:35:55PM yesterday
