the latest news - Shanghai Metals Market

Hot Keywords

  • Inventory data
  • Air pollution
  • Zinc
  • Copper
  • Aluminium
  • Market commentary
  • Futures movement
  • nickel laterite
  • hydrogenation stations
  • Production data
  • Nickel ore
  • Nickel
  • Macroeconomics
  • In the United States
  • Morning comments
Spot iron ore prices inch up following overnight gains in futures

Pilbara fines were traded at 680-682 yuan/mt in Tangshan

Price Review Forecast

06:03:08PM

Market commentary Iron ore
MMi Daily Iron Ore Report (Oct 23)

Yesterday nights’ DCE close had physical ports stock traders quote higher this morning.

Price Review Forecast

05:57:34PM

MMi Iron Ore Port Index
US finds dumping, subsidisation of aluminium wire, cable imports from China

US imports of aluminum wire and cable from China were valued at an estimated $115 million in 2018

Industry News

03:53:22PM

Aluminium Antidumping and countervailing investigation
Spot manganese prices showed signs of weakness since mid-Oct

This followed after higher purchasing prices by steel mills supporting prices at around 11,350 yuan/mt during mid-Sep to mid-Oct

Price Review Forecast

03:51:59PM

Market commentary Manganese
Data: SHFE, DCE market movement (Oct 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Oct 23, 2019

Data Analysis

03:17:15PM

Futures movement
Long steel social inventories in Guangzhou declined 8% on week

Stocks deceased 8.25% from a week ago to 746,900 mt as of Oct 23

Data Analysis

02:36:56PM

Inventory data Long steel Rebar Wire rods
Spot aluminium premiums exceed 100 yuan/mt for 1st time since Apr

Spot aluminium was mostly quoted at 13,940-13,960 yuan/mt in Shanghai

Price Review Forecast

02:24:26PM

Market commentary Aluminium
China's nickel ore imports rose 23.16% on year in Sep 

Indonesian miners accelerated shipments before the 2020 ore export ban

Data Analysis

02:23:06PM

Tradeflow Nickel Nickel ore NPI Customs data
Spot nickel premiums continue to fall as futures prices rally

Russian nickel was offered in a premium of up to 150 yuan/mt over the SHFE 1911 contract

Price Review Forecast

01:52:19PM

Inventory data Nickel
Lower prices of futures bolster spot zinc trades in Shanghai

In Tianjin, however, lower prices failed to improve trades as environmental production curbs in Hebei deterred downstream purchases

Price Review Forecast

01:41:33PM

Market commentary Futures movement Spot zinc
Spot iron ore prices inch up following overnight gains in futures

Spot iron ore prices inch up following overnight gains in futures

Pilbara fines were traded at 680-682 yuan/mt in Tangshan

06:03:08PM

Price Review Forecast

Market commentary Iron ore
MMi Daily Iron Ore Report (Oct 23)

MMi Daily Iron Ore Report (Oct 23)

Yesterday nights’ DCE close had physical ports stock traders quote higher this morning.

05:57:34PM

Price Review Forecast

MMi Iron Ore Port Index
US finds dumping, subsidisation of aluminium wire, cable imports from China

US finds dumping, subsidisation of aluminium wire, cable imports from China

US imports of aluminum wire and cable from China were valued at an estimated $115 million in 2018

03:53:22PM

Industry News

Aluminium Antidumping and countervailing investigation
Spot manganese prices showed signs of weakness since mid-Oct

Spot manganese prices showed signs of weakness since mid-Oct

This followed after higher purchasing prices by steel mills supporting prices at around 11,350 yuan/mt during mid-Sep to mid-Oct

03:51:59PM

Price Review Forecast

Market commentary Manganese
Data: SHFE, DCE market movement (Oct 23)

Data: SHFE, DCE market movement (Oct 23)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Oct 23, 2019

03:17:15PM

Data Analysis

Futures movement
Long steel social inventories in Guangzhou declined 8% on week

Long steel social inventories in Guangzhou declined 8% on week

Stocks deceased 8.25% from a week ago to 746,900 mt as of Oct 23

02:36:56PM

Data Analysis

Inventory data Long steel Rebar Wire rods
Spot aluminium premiums exceed 100 yuan/mt for 1st time since Apr

Spot aluminium premiums exceed 100 yuan/mt for 1st time since Apr

Spot aluminium was mostly quoted at 13,940-13,960 yuan/mt in Shanghai

02:24:26PM

Price Review Forecast

Market commentary Aluminium
China's nickel ore imports rose 23.16% on year in Sep 

China's nickel ore imports rose 23.16% on year in Sep 

Indonesian miners accelerated shipments before the 2020 ore export ban

02:23:06PM

Data Analysis

Tradeflow Nickel Nickel ore NPI Customs data
Spot nickel premiums continue to fall as futures prices rally

Spot nickel premiums continue to fall as futures prices rally

Russian nickel was offered in a premium of up to 150 yuan/mt over the SHFE 1911 contract

01:52:19PM

Price Review Forecast

Inventory data Nickel
Lower prices of futures bolster spot zinc trades in Shanghai

Lower prices of futures bolster spot zinc trades in Shanghai

In Tianjin, however, lower prices failed to improve trades as environmental production curbs in Hebei deterred downstream purchases

01:41:33PM

Price Review Forecast

Market commentary Futures movement Spot zinc