[metal noon news] SMM copper stocks fell for five weeks in a row * nickel prices successfully recovered 100, 000 customs * Peru, the Philippines and other defense epidemic measures extended to pay close attention to mine trends

Published: Apr 24, 2020 12:06

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Non-ferrous metal ups and downs combined with black weak shocks * copper stocks fell for the fifth week in a row a total of 352500 tons * recycled lead trading light next week pay attention to the pre-festival reserve warehouse * nickel price successfully recovered 100, 000 gate * Shanghai tin spot market overall transaction atmosphere is general * Vale iron ore production in the first quarter of 59.6 million tons * thread inventory month-on-month slowdown * Peru once again extended the state of emergency! Pay close attention to the dynamics of mines

Metal news

Market return to fundamentals non-ferrous metals co-existing demand lower than expected black weak shock last period crude oil rose 7.6%

April 24 Guangdong copper spot market express: near the weekend plus big customers to sell goods today is not as good as yesterday

Inventories in mainstream copper markets in SMM fell this week for the fifth consecutive week, totaling 352500 tons. [SMM data]

[note] Peru extends the state of emergency again! Pay close attention to the dynamics of mines

SMM April 24 other areas lead Market Express: refineries in other regions maintain high water prices

SMM on April 24 lead market news: recycled lead trading light next week pay attention to the pre-festival storage

The overall transaction atmosphere in the Shanghai tin spot market is generally weak. [SMM Shanghai tin express] the overall transaction atmosphere in the Shanghai tin spot market is generally weak

U.S. tin exports fell 12.4% in February

[SMM analysis] the extension of the new isolation in the Philippines will affect the export volume of 2-3 ships expected to be affected by the Zambales mining area until May 15.

The price of nickel rose nearly 2 per cent at the opening of the day and successfully recovered the 100, 000 mark.

Vale iron ore production fell 18.20% in the first quarter from a year earlier to 59.6 million tons.

Inventory [SMM thread] has slowed down from the previous month, and spot prices continue to be under pressure

[SMM Antimony spot Weekly] Antimony Price trend overall stable demand performance is still poor

Indium market price stability trading activity is still weak-SMM indium spot weekly report

Bismuth Market Price falls first and then stabilizes-SMM Bismuth spot Weekly report

Macro

The Fed's balance sheet expanded to a record high of $6.57 trillion

The WTO: epidemic has led to export restrictions in 80 countries and customs territories

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