SMM Morning Comments (Feb 21)

SMM Morning Comments

Price Review Forecast

09:38:01AM

Morning comments Copper Aluminium Zinc Lead Nickel Tin
Macro Roundup (Feb 21)

Macro Roundup

Data Analysis

08:33:03AM

Macroeconomics
Secondary lead smelters operate at lower rate amid thinner profits in Jan

Operating rate averaged 50.34% in Jan, down 4.19 percentage points from Dec

Data Analysis

06:56:14PM yesterday

Operating rates Secondary lead
SMM Evening Comments (Feb 20)

SMM Evening Comments

Price Review Forecast

04:54:56PM yesterday

Evening comments Futures movement
Holidays, weather sharply lower operating rates across lead concentrate producers

Rates fell to 30.1% in Jan, down 15.4 percentage points from Dec

Data Analysis

04:49:32PM yesterday

Operating rates Lead Lead concentrate
Guangdong begins three-year anti-smog campaign

The government on Dec 29, 2018 issued the notice on the implementation of blue-sky protection plan for 2018-2020

Industry News

04:08:26PM yesterday

Environmental protection drive
Data: SHFE, DCE market movement (Feb 20)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Wednesday Feb 20, 2019

Data Analysis

03:20:57PM yesterday

Futures movement
Downstream CNY breaks expand lead ingot inventories at smelters

As of Feb 19, smelters' in-plant stocks of lead ingot registered 41,900 mt, up 35,000 mt from the same period a lunar year ago

Data Analysis

02:36:38PM yesterday

Inventory data Lead
Beijing unveils anti-pollution plan for 2019

The capital will further reduce the average intensity of PM2.5, a major air pollutant

Industry News

02:05:08PM yesterday

Environmental protection drive
SMM Morning Comments (Feb 20)

SMM Morning Comments

Price Review Forecast

09:33:45AM yesterday

Morning comments Copper Aluminium Zinc Lead Nickel Tin
SMM Morning Comments (Feb 21)

SMM Morning Comments (Feb 21)

SMM Morning Comments

09:38:01AM

Price Review Forecast

Morning comments Copper Aluminium Zinc Lead Nickel Tin
Macro Roundup (Feb 21)

Macro Roundup (Feb 21)

Macro Roundup

08:33:03AM

Data Analysis

Macroeconomics
Secondary lead smelters operate at lower rate amid thinner profits in Jan

Secondary lead smelters operate at lower rate amid thinner profits in Jan

Operating rate averaged 50.34% in Jan, down 4.19 percentage points from Dec

06:56:14PM yesterday

Data Analysis

Operating rates Secondary lead
SMM Evening Comments (Feb 20)

SMM Evening Comments (Feb 20)

SMM Evening Comments

04:54:56PM yesterday

Price Review Forecast

Evening comments Futures movement
Holidays, weather sharply lower operating rates across lead concentrate producers

Holidays, weather sharply lower operating rates across lead concentrate producers

Rates fell to 30.1% in Jan, down 15.4 percentage points from Dec

04:49:32PM yesterday

Data Analysis

Operating rates Lead Lead concentrate
Guangdong begins three-year anti-smog campaign

Guangdong begins three-year anti-smog campaign

The government on Dec 29, 2018 issued the notice on the implementation of blue-sky protection plan for 2018-2020

04:08:26PM yesterday

Industry News

Environmental protection drive
Data: SHFE, DCE market movement (Feb 20)

Data: SHFE, DCE market movement (Feb 20)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Wednesday Feb 20, 2019

03:20:57PM yesterday

Data Analysis

Futures movement
Downstream CNY breaks expand lead ingot inventories at smelters

Downstream CNY breaks expand lead ingot inventories at smelters

As of Feb 19, smelters' in-plant stocks of lead ingot registered 41,900 mt, up 35,000 mt from the same period a lunar year ago

02:36:38PM yesterday

Data Analysis

Inventory data Lead
Beijing unveils anti-pollution plan for 2019

Beijing unveils anti-pollution plan for 2019

The capital will further reduce the average intensity of PM2.5, a major air pollutant

02:05:08PM yesterday

Industry News

Environmental protection drive
SMM Morning Comments (Feb 20)

SMM Morning Comments (Feb 20)

SMM Morning Comments

09:33:45AM yesterday

Price Review Forecast

Morning comments Copper Aluminium Zinc Lead Nickel Tin