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SMM Morning Comments (Mar 24): Base Metals Closed with Gains as Fed's Rate Hike Cycle Seemed to Near End
Mar 24, 2023 10:00
LME and SHFE base metals closed with gains last night.
Latest China Tin Markets
Shanghai to Implement Vehicle Purchase Tax Exemption for New Energy Vehicles and Extend New Energy Vehicle Replacement Subsidies
Shanghai will implement the policy of exempting vehicle purchase tax for new energy vehicles, continue to implement subsidies for the replacement of new energy vehicles, promote the replacement of old vehicles and further promote the use of new energy vehicles.
Mar 24, 2023 13:52
CST
Sentiment in US Stock Market Hits Freezing Point in 20 Years, Bank of America Survey Identifies Banking Crisis as Top Risk
After the second largest bank failure in U.S. history, the attention of U.S. stock investors began to shift from high inflation to systemic credit risk events.
Mar 23, 2023 16:36
CST
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Related Price
SMM #1 Tin Ingot, RMB/mt
Mar.24
196750
(
+8,500
|
+4.52%
)
LF Solder, RMB/mt
Mar.24
203250
(
+8,500
|
+4.36%
)
Solder Bar(60A), RMB/mt
Mar.24
130750
(
+5,000
|
+3.98%
)
Solder Bar(63A), RMB/mt
Mar.24
136250
(
+5,500
|
+4.21%
)
Tin Powder, RMB/kg
Mar.24
210.5
(
+9
|
+4.47%
)
SMM Events & Webinars
All- May30
2023 INDONESIA NICKEL AND COBALT INDUSTRY CHAIN CONFERENCE
May 30 - 31,2023In order to better promote the exchange and development of the nickel and cobalt industry in China and Indonesia.JAKARTA, INDONESIA
- May16
SMM the 18th International Zinc and Lead Summit & Expo 2023
May 16 - 19,2023SMM the 18th International Zinc and Lead Summit & Expo 2023Hunan，Changsha, China
- May08
2023 8th International New Energy Conference And Industry Expo
May 08 - 10,2023The theme of this conference is "Innovation Drives Development and Low Carbon Shapes the Future".Hunan•Changsha
Publications
SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research.
Besides, over 80 steel professionals engaged in China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream.
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Shanghai Metals Market
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