SMM Evening Comments
price review forecast
Stricter environmental policies in China are likely to weigh on the zinc die-casting industry. The industry faces pressure from policies such as production cuts, regulations around dust and explosions
Nickel ore inventories across all Chinese ports increased 170,000 wmt from last Friday to 8.12 million wmt as of Friday May 25
China's growth into the world's largest consumer of auto tyres since 2016 is of great significance to the domestic zinc oxide industry
Development of 5G networks in China is likely to bolster the demand for galvanised steel in next two to three years
China’s lead consumption is mainly buoyed by the use of secondary lead as the country’s lead ore output has declined since 2012
The tightness of global zinc and lead concentrate is likely to ease from this year onwards with new capacities and recovered capacities.
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Friday May 25, 2018.
The Singapore Exchange (SGX) will look to list a high-grade iron ore derivatives contract “very quickly” once it has completed due diligence, said William Chin, head of commodities at the bourse
To improve air quality and regulate pollution for the SCO Summit in Qingdao, Shandong province, environmental protection authorities in Shandong and Jiangsu will undertake inspections May 30-June 11
Operating rates across China's silicon plants in April fell 6.6 percentage points from March and stood at 34.8%, an SMM survey showed.