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 Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / [market changes]

[market changes]

May 18, 2020 11:44

Source:SMM

SMM5, March 18: Mexican miner Industrias Penoles said on Saturday that it had announced an indefinite suspension of operations at a zinc mine in central Mexico due to difficult mining conditions and low zinc prices. However, the suspension of operations will not affect its refined zinc production. In 2019, the mine produced 41541 tons of zinc. Shanghai zinc rose to 16675 yuan / ton in intraday trading and closed at 16635 yuan / ton as of noon today, an increase of 1.37 percent.

In terms of inventory, as of May 18,

On the consumer side,

Zinc price

price forecast

mining

inventory

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

SMM China lead ingot inventory across five major markets totalled 99,800 mt as of Friday April 8, up 400 mt from last Friday April 1 and 500 mt from Wednesday April 6.

Apr 8, 2022 15:14

Analysis

SMM China Lead Ingot Inventory Up 400 mt on Week

China HRC Stocks Up 28,300 mt on Week

The total inventory of HRC across social warehouses and steel makers in China stood at 3.58 million mt as of April 7, up 28,300 mt or 0.8% on the week, a decrease of 0.39% on the year.

Apr 7, 2022 16:20

Analysis

Zinc Price Forecast: China Consumption and Inventory Are Worthy of Attention

In terms of SHFE zinc prices, the market should be concerned about zinc concentrate, which is still short of supply.

Feb 21, 2022 18:34

SMM Insight

Zinc Price Forecast: China Consumption and Inventory Are Worthy of Attention

Nickel Prices Likely to Move Upward Amid Tight Supply

The nickel prices rose steadily last week. Before the Chinese New Year (CNY) holiday, the continuous falling nickel inventory in China and overseas pushed up the nickel prices sharply.

Feb 14, 2022 13:22

SMM Insight

Nickel Prices Likely to Move Upward Amid Tight Supply

Coke Prices Likely to Drop amid Weakening Demand

On the supply side, after three consecutive rounds of coke price hikes in January, the profits of coking enterprises have increased significantly, heightening the enthusiasm for production.

Jan 27, 2022 14:17

SMM Insight

Coke Prices Likely to Drop amid Weakening Demand

Lithium Prices Likely to Hit New Highs amid Supply Shortage Post the CNY Holiday

Intraday carbonate lithium prices recorded high ahead of the Chinese New Year holiday. The supply side was affected by the shutdown and maintenance of the upstream lithium salt manufacturers and the production reduction of the brine lake.

Jan 27, 2022 14:11

SMM Insight

Lithium Prices Likely to Hit New Highs amid Supply Shortage Post the CNY Holiday

Absolutely Low Inventory Supports Nickel Prices

Nickel sulphate spot supplies have been tight currently as the production was cut on operating losses previously, according to SMM.

Jan 27, 2022 13:02

SMM Insight

Absolutely Low Inventory Supports Nickel Prices

Nickel Prices Are Expected to Be Encompassed by Bullish Sentiment

The SHFE nickel continued to rise strongly last week, as the LME and SHFE inventories both dropped to extremely low levels and are expected to keep falling.

Jan 25, 2022 10:21

SMM Insight

Nickel Prices Are Expected to Be Encompassed by Bullish Sentiment

Copper Prices to Have Solid Support at 70,000 yuan/mt

The most active SHFE 2203 copper contract prices are expected to move between 69,900-72,000/mt this week, and LME copper will trade between $9,750-10,050/mt.

Jan 25, 2022 11:17

SMM Insight

Copper Prices to Have Solid Support at 70,000 yuan/mt

Rare Earth Supply Tightness May Intensify after CNY Holiday

The upstream supply of rare earths continued to be tight. In terms of ore imports, the enterprises in south China are more dependent on ores imported from Myanmar. However, as the COVID-19 pandemic situation in Myanmar has been worrying, the ore traders were pessimistic about the re-opening of the China-Myanmar boarder port in the first quarter of 2022, and they were less interest in selling rare earth ores from Myanmar.

Jan 19, 2022 18:15

SMM Insight

Rare Earth Supply Tightness May Intensify after CNY Holiday

SMM Events & Webinars

All

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

[market changes]

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit