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[SMM Today's News] Metal rally Shanghai Nickel continues to fall by the limit | Weekly data and comments are released.

iconMar 11, 2022 13:58
Source:SMM
SMM News Today: daily carefully selected macro, industry, spot market news, SMM first-hand research data and exclusive comments. The content of this article is scrolling updated, please refresh to see ~

Huge fluctuations in futures prices enterprise settlement must refer to the spot quotation of SMM!

Today's focus

Shanghai Nickel is still down by the limit of more than 4%. Shanghai Aluminum is up 2.47% [SMM afternoon Review]

"View SMM Metal spot Historical Price

Li Jinchuan Group: announcement on recent rumors in the nickel market

Copper LME: will not resume nickel trading on Friday

London Metal Exchange: nickel futures trading on Friday will not resume Tuesday volatility poses a systemic risk

During the week, the copper inventory reduction of 11400 tons in the mainstream areas of the country has reached an inflection point [SMM weekly data]

The recovery of copper consumption after the festival is slow. The operating rate of refined copper rods in February is lower than expected [SMM analysis]

The seasonal decline in copper foil operating rate in February is expected to rise sharply in March [SMM analysis]

The operating rate of copper wire in March is better than that in the same period [SMM analysis]

Can the epidemic situation and the aluminum road under the war between Russia and Ukraine get out of the "smoke of gunpowder" in March? [SMM monthly Outlook]

The sanctions against Russia caused a resurgence of aluminum prices inside and outside the market [SMM aluminum spot midday review]

The social inventory of SMM seven zinc ingots increased by 1000 tons compared with last Friday [SMM data]

The decline in manganese prices deepens the trend in the future [SMM Electrolytic Manganese Weekly Review]

Factors such as Spring Festival holiday led to a significant decrease in domestic molybdenum concentrate supply in February [SMM analysis]

In the early and mid-term, the inner and outer disk was both good for molybdenum prices, and in the later period, fear of heights first appeared that molybdenum prices stabilized [SMM Molybdenum Weekly

The information is constantly updated. Please refresh and check.

SMM Daily Review

The processing fee of aluminum bar tentatively rises and the trading volume is light [daily review of aluminum bar spot]

"Aluminium prices have rebounded and trading sentiment in the scrap aluminum market has improved [scrap aluminum daily review]

Shanghai Nickel 2204 contract fell by the limit at the start of trading [SMM Nickel Daily Review]

The cost supports the rise in the price of silicon and manganese [SMM Silicon and Manganese Daily Review]

Zhong Manganese City may postpone pessimism in May [SMM Daily Review]

The upsurge of manganese ore market continues unabated and the quotation continues to rise [SMM Manganese Mine Daily Review]

The heat of inquiry in metal silicon market is low [SMM Silicon Daily Review]

The information is constantly updated. Please refresh and check.

Mr. SMM spot KuaiBao

The price of copper spot market in Guangdong has risen in each period of time (the fourth period) [SMM price]

The positive supply of goods is tight and the rising water is pushed up by 200 yuan per ton [SMM Shanghai Copper spot]

Import price comparison is difficult to open foreign trade copper transaction is limited [SMM Yangshan copper spot]

"the discount on the rise of copper in Shanghai market (fourth period) [SMM price]

Consumption in the lower reaches is improving and rising water is obviously higher [SMM North China Copper spot]

The outflow of a large number of warehouse receipts suppresses the rise of rising water [SMM South China Copper spot]

Shanghai Aluminum rebounds South China Aluminum spot Market transaction turns good [SMM South China Aluminum spot]

Recycled lead: lead prices continue to adjust, market trading enthusiasm is weak [SMM afternoon review]

"SMM Shanghai" lead Market: lead weak consolidation spot discount narrowed and turnover good [SMM afternoon Review]

Lead market conditions in "other regions" KuaiBao: lead prices fall smelter discounts close slightly light [SMM lead afternoon review]

Shanghai Zinc: market transactions remain active near Pingshui [SMM afternoon Review]

Tianjin Zinc: the epidemic affects the delivery of the smelter and the traders hold up the price slightly [SMM afternoon Review]

Tin price keeps narrow horizontal spot market stable [SMM tin afternoon review]

Under extreme circumstances, there are few spot transactions in the night trading limit of Shanghai-Shanghai nickel 04 contract [SMM Nickel spot afternoon Review]

Uplink adjustment of market quotation for titanium dioxide [SMM titanium dioxide spot KuaiBao]

The information is constantly updated. Please refresh and check.

Industrial trends

What do you need to pay attention to after the resumption of trading? [hot discussion]

The commodities index suspends the extension of nickel contracts until LME nickel resumes trading.

Us CPI posted its biggest increase in 40 years in February LME Nickel continued to suspend trading on Friday

The copper price fluctuates greatly and the downstream enterprises are more cautious in purchasing.

Escondida of BHP Billiton Chile Copper Mine fined US $8.2 million

Pessimism has been vented. Shanghai Aluminum has stabilized for the time being.

The plummeting market continues the limit of the Shanghai Nickel contract.

In 2022-26, the global demand for lithium-ion batteries for electric vehicles grew at a compound annual rate of 27.48%.

The performance and output of Tesla's competitors Rivian fell less than expected by more than 12% in after-hours trading.

Statistics on Import and Export of rare Earth products in 2021

To build a unified market for rare earths, we should set up the idea of a game of chess.

The listing price of rare earths in northern China remained stable in March.

Shandong has launched the declaration of standards in key areas of the energy industry, such as photovoltaic, wind power, new energy storage and so on.

China's integrated circuit sales for the first time exceed trillion partial segments of the industry boom or further upward

The information is constantly updated. Please refresh and check.

March 10 LME Metal inventory

LME copper stocks increased by 25 tons to 71900 tons

LME aluminum inventory decreased by 8400 tons to 762775 tons

LME lead stocks remain flat to 39250 tons

LME zinc stock reduced by 100t to 140950 t

LME tin inventory increases by 20 tons to 2255 tons

LME nickel inventory decreased by 540t to 74238 t

LME metal spot sticker on March 10

LME0-3 copper discount 22 US dollars / ton

LME0-3 aluminum discount $19 / ton

LME0-3 lead discount $23.20 / ton

LME0-3 zinc discount $20.50 / ton

LME0-3 tin liter water is 64 US dollars / ton.

LME0-3 Nickel LME0-3 Nickel closed

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