Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Breaking News: What Triggers Wide-Spread Declines in China Base Metals Market on Friday? SMM Reports

Breaking News: What Triggers Wide-Spread Declines in China Base Metals Market on Friday? SMM Reports

Apr 7, 2017 17:41

Source:SMM

On Friday's afternoon business, SHFE base metals dived across the board, except SHFE tin. What’s triggered the cross-board decline? SMM analysts share their views on the price picture.

SHANGHAI, Apr. 7 (SMM) – On Friday's afternoon business, SHFE base metals dived across the board, except SHFE tin. What’s triggered the cross-board decline? SMM analysts share their views on the price picture.

Copper

SHFE Copper Plunges Sharply with Risk Aversion Sentiment, SMM Says

Aluminum

SHFE Aluminum Sees Strong Resistance among Metals, SMM Reports

Zinc

SHFE Zinc Takes a Nosedive but will Stay High in Short-to-Medium Term, SMM Reports

Lead

SHFE Lead Prices down 6.93% on Negative Fundamentals, SMM Learns

Nickel

Why Nickel Market Dive in Afternoon Business? SMM Reports

Tin

SHFE Tin Become Only One Survivor after Wide-spread Base Metal Declines on Cut News, SMM Reports

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals

base metal prices

base metal price forecast

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

LME aluminum should move at highs of USD 1,950-1,975/mt today.

Apr 26, 2017 09:40

SMM Comments

LME Aluminum to Fluctuate at Highs (2017-4-26)

SMM Price Outlook for Base Metals on SHFE (Apr. 20, 2017)

Base metals overnight largely closed higher, but the struggles between longs and shorts remain intense. On Thursday, the market expected to show range-bound trading.

Apr 20, 2017 09:07

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Apr. 20, 2017)

SMM Price Outlook for Base Metals on SHFE (Apr. 18, 2017)

LME market will reopen on Tuesday, and eyes should be price support at lows on Tuesday, both on the LME and SHFE market.

Apr 18, 2017 09:11

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Apr. 18, 2017)

SMM Price Outlook for Base Metals on SHFE (Apr. 17, 2017)

LME market will remain closed on Monday for the Easter, and base metals, after staging volatile movements last Friday, are expected to keep diverging on Monday.

Apr 17, 2017 09:14

SMM Insight Industry

Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

China’s informal financing in March, M2 supply and new RMB loans in March and US March LMCI will be released today. Base metals are expected to consolidate at lows today. Some metals may plunge furthe

Apr 10, 2017 09:51

SMM Comments

Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

SHFE Tin Become Only One Survivor after Wide-spread Base Metal Declines on Cut News, SMM Reports

On Friday’s afternoon business, SHFE 1705 tin drifted lower amid growing shorts, but finally closed up 920 yuan per tonne or 0.63 percent from the previous trading day.

Apr 7, 2017 16:48

SMM Insight Industry

SHFE Tin Become Only One Survivor after Wide-spread Base Metal Declines on Cut News, SMM Reports

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016.

Apr 5, 2017 09:44

Industry

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Apr. 3-7, 2017)

In the coming week, SHFE will see a shorter trading week for the 2017 Chinese Qingming Festival from Apr. 2-4.

Apr 1, 2017 18:20

SMM Insight Industry

Key Macroeconomic Indicators for Base Metal Prices (2016-9-19)

Eyes will be on September manufacturing PMI from each country and US Fed September rate meeting.

Sep 19, 2016 09:29

SMM Comments

40% Chinese Tin Smelters Expect Tin Prices to Rise further This Week, SMM Survey

SMM’s survey of major Chinese tin smelters over their opinions on this week’s price outlook shows the following results.

Sep 6, 2016 09:59

SMM Comments

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

Breaking News: What Triggers Wide-Spread Declines in China Base Metals Market on Friday? SMM Reports

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 (10th) China International New Energy Industry Expo