"[important] Futures prices fluctuate greatly. For enterprise settlement, please refer to SMM spot quotation!
SMM Tin Morning News: tin prices maintain high horizontal market sentiment carefully wait and see
Shanghai tin price trend to maintain a narrow horizontal trade, capital movement in and out is relatively small. On the market trend, Huxi continued to operate smoothly after a slight decline in night trading yesterday, and the price trend remained high and volatile. The range of capital change is small, and the wait-and-see mood of the market is heavy. Fundamentals, domestic warehouse receipt inventory does not change much, overseas inventory. "View details
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Summary of SMM Cobalt Lithium Morning meeting: epidemic affects Magnetic material demand weakens Lithium Carbonate Price Down
This week, the price of electrolytic cobalt continues to decline, upstream manufacturers and traders are in a hurry, there are many and small magnetic factories downstream, the ability to resist risks is poor, it is difficult to recover accounts during the epidemic, there are delays in domestic logistics, many small factories are shut down by the epidemic, and demand is very poor. MB has not slowed down in recent days, reducing domestic quotation confidence in terms of sentiment. "View details
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Summary of SMM Morning meeting: iron ore opens low and moves high. Turnover is weak.
Yesterday's snail weak shock operation, the spot market quotation is weak and stable, the terminal rigid demand procurement is mainly, the transaction is generally weak. From a regional point of view, the recent spread of the epidemic in Shanghai is serious, many warehouses have suspended delivery, some areas have closed management, terminal demand has been seriously hindered, some speculative demand has picked up goods, and the overall transaction has been completed. "View details
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Crude oil: international oil prices rose about 3% on Wednesday, and u. S. crude oil stocks fell again, indicating tight supply, investors worried about new western sanctions on Russia, and concerns about the conflict between Russia and Ukraine.
May crude oil futures, which are the most actively traded in NYMEX, rose 3.58 U.S. dollars, or 3.4 percent, to settle at 107.82 dollars a barrel at 14:30 on March 30th.
The May Brent contract, the most actively traded in ICE, rose $3.22 to settle at $113.45 a barrel, up 2.9 per cent.
On the dollar side: the dollar fell to a nearly two-week low on Wednesday as optimism about peace talks between Russia and Ukraine waned and investors turned their attention to economic data and interest rate expectations.
Today's focus: China's official manufacturing PMI in March, the actual annual rate of retail sales in Russia in February, the initial monthly rate of industrial output after the February quarterly adjustment in Japan, the final annual rate of GDP in the UK in the fourth quarter, and the total fuel inventory in Singapore for the week ended March 30.
Metal futures:
By the end of the day, basic metals in the inner market basically closed higher, while Shanghai Aluminum fell, down 0.35%. Shanghai nickel closed up 3.64%, Shanghai copper, lead and zinc all closed up about 0.9%, and Shanghai tin almost closed flat, an increase of 0.02%. Black series, all closed up except hot rolling. Hot rolling fell by 0.42%, stainless steel by 2.57%, iron ore by nearly 3%, and thread by 0.24%. Coal series, thermal coal continued to decline, closing down 3.37%. The price of coke increased by 2.5%, while that of coking coal rose by 0.7%.
During the night trading, only Shanghai tin fell 0.65%, Shanghai nickel rose more than 2%, Shanghai aluminum, lead and zinc all rose more than 1%, and Shanghai copper rose 0.11%. Black all-line red only thermal coal closed down by 0.39%, iron ore rose by more than 4%, coke by more than 3%, thread by more than 2%, hot rolled and coking coal by nearly 2%.
LME metal closed up across the board, with zinc rising 3.85%, aluminum up more than 3%, and lead and nickel both up more than 2%.
Precious metals, COMEX gold futures rose nearly 1% on Wednesday as the dollar fell and investors were sceptical about the possibility of a cease-fire between Russia and Ukraine.
At 13:30 on March 30th in New York (01:30 on March 31st, Beijing time), the COMEX June gold futures contract rose 21 US dollars, or 1.1 percent, to settle at 1939 US dollars per ounce.
It closed at 07:02 on March 31 and closed on March 30.
Metal closed up nearly across the board, rising 3.85%. Black firm [overnight market]
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March 30th LME basic metal warehouse total inventory (in tons)
March 30th LME basic Metals Registration and cancellation Warehouse receipt list (in tons)
"SMM announcement: under the epidemic situation of home and office, the normal development of SMM business invoice will be delayed.
[SMM tracking and investigation: current situation of the metal industry under the epidemic (continuously updating)] recently, the domestic epidemic has been repeated, and transportation and the production of some enterprises have been affected again. SMM continues to follow up and investigate the situation and transmit the latest facts for the market to understand! "View details
[SMM announcement: from April 1st, 2022, SMM added "Lithium Grade PVDF (domestic / imported)" quotation] benefiting from the higher-than-expected growth of new energy demand for lithium electricity, lithium grade PVDF is in short supply due to its excellent aging resistance, low dielectric loss and swelling resistance in electrode solvents. In order to transmit more comprehensive and diverse spot price information to the market, and to provide enterprises with more options for settlement reference standards, SMM will …... "View details
[SMM analysis: price changes in the recycled copper market in the past week] in the recycled copper trade market, bright copper can be directly smelted and processed by downstream waste enterprises because of its high copper content and few impurities, and the trade volume is very large, which leads to the sensitivity of copper disk price fluctuations in the following period. "View details
Rusal: Russia's sanctions will have a negative impact on 2021 earnings increase 40% aluminum production is basically the same] the report pointed out that on March 1, 2022, in order to deal with the inevitable logistics and transportation difficulties in the Black Sea and its surrounding areas, Rusal announced the temporary closure of the Nikolaev alumina refinery in the Nikolaev region of Ukraine. The refinery produced 1.8 million tons of alumina in 2021. In addition, on March 21, the Australian government sent a message to. "View details
[SMM analysis: the price of waste aluminum is relatively stable in some areas, the trading of waste aluminum can only choose local customers.] except for the big drop in aluminum price on Wednesday in the first three days of this week, there is no obvious change in aluminum price on Monday and Tuesday, so the price of waste aluminum is also relatively stable. As the epidemic is still severe, in some areas where the epidemic is serious, scrap aluminum trading can only choose local customers. SMM makes an analysis of this. "View details
[SMM Quick Review: reversing the downward trend, Shanghai Nickel closed up 3.64% epidemic situation and price fluctuations disturbed both ends of spot supply and demand] on March 30, Shanghai Nickel plunged for three consecutive days in recent days. It fell more than 3.28% in horizontal trading this morning, and suddenly pulled up sharply in the afternoon. By the end of the day, it rose 3.64% to 230050 yuan / ton. The current epidemic situation and the recent large fluctuations of Shanghai Nickel have a great impact on the supply and demand of the spot market. SMM believes that the current Shanghai Nickel is greatly affected by Lunni, and Lunni has not yet been separated from the influence of the capital game, in the short term, the follow-up trend. "View details
[SMM analysis: nickel stainless steel contract once again pull up the current trend deviated from the performance of stainless steel? On March 30, when trading opened in the afternoon, the price of nickel rose sharply, rising to 230000 yuan / ton again, while the stainless steel contract was affected by linkage and rose in the afternoon, closing at 20730 yuan / ton, an increase of 2.57%. For recent expectations, the market now has several expectations for the strength of the stainless steel market: 1. Due to the impact of the epidemic, transportation is limited, resulting in. "View details
[SMM analysis: stainless steel rose 2.57% after three consecutive falls. How about weak supply and demand? ] on March 30, after three consecutive setbacks, the main force of stainless steel rose again by 2.57% today, with only a slight increase of more than 0% in early trading. It advanced by leaps and bounds in the afternoon, and by the end of the day, it recorded an increase of 2.57%. According to SMM analysis, the consumer end and terminal are still in a stage where the demand is not exuberant; the raw material end Nickel Iron Northern Iron Plant is affected by … "View details
[SMM concern: the epidemic is still continuing in northern multi-area nickel-iron plants seriously affected] the epidemic has lasted for a long time. According to SMM research, its impact on domestic nickel-iron plants is still deepening: at the beginning of the epidemic, there are great obstacles to the transportation of raw materials and finished products in Inner Mongolia, and the problem has not been effectively alleviated so far, resulting in …... "View details
[SMM Analysis: it takes only one minute to take you to understand the 22-year meeting of 100 people for Electric vehicles] SPIC: the introduction of power replacement heavy cards-the number of loaders has reached 13700, a total of 13729 have been signed in the field of green electric transportation, and a total of 7839 have landed. The National Battery Bank manages the battery 1.86GWh and manages the annual battery throughput 627GWh. Change the layout of power stations all over the country. "View details
[hot stocks: lithium battery plate quickly rushes up more than 20% in the Ningde era back above 500 yuan] not only that, Ganfeng Lithium Industry has also taken over a 100% stake in Tianyuan Lithium material Company. According to public data, the company is mainly engaged in the manufacture, processing and sales of battery-grade lithium carbonate, industrial-grade lithium carbonate, lithium battery cathode materials and so on. Recently, according to the spot price of SMM, the price of battery-grade lithium carbonate, one of the raw materials for power batteries, has stabilized since March 16. "View details
[Ganfeng Lithium Industry: 130 million US dollars acquisition of 50% equity exchange and mining rights change of SPV Company of the Netherlands] it is reported that Ganfeng Lithium Industry currently has an annual production capacity of 43000 tons of lithium carbonate, of which 15000 tons are used to produce lithium hydroxide. The total lithium hydroxide production capacity of the company is 81000 tons. Limited by the back-end supporting products, the current effective production capacity is about 70, 000 tons. After Mahone Phase IV is put into production, the remaining lithium hydroxide production capacity will be …... "View details
[SMM Thread Daily Review: raw material iron ore hit a new stage of high finished product support] March 30, the period snail weak shock operation, the spot market quotation is weak and stable, the terminal rigid demand procurement is mainly, the transaction is generally weak. From a regional point of view, the recent spread of the epidemic in Shanghai is serious, with many warehouses suspending delivery, closed management in some areas, and terminal demand. "View details
[SMM Hangzhou Thread Weekly inventory: resource flow hindered inventory continued accumulation] as of March 23, the social inventory of building materials in Hangzhou was 914000 tons, an increase of 47000 tons, or 5.4%, over the previous week. There is a decrease of 128000 tons over the same period last year, a year-on-year decrease. "View details
[SMM Hot Volume Daily Review: a brief Review of the Hot Volume spot Market] on March 30th, volume prices in major cities across the country remained stable or fell slightly. The price quoted in Shanghai was about 5170-5180 at the end of the day. Affected by the investigation and control of the epidemic, most local warehouses have issued announcements that operations will be suspended one after another. Transactions in the spot market continue to be blocked, and some traders say they have done business. "View details
[SMM blast furnace operating rate: the epidemic affects the blast furnace operating rate of transport steel mills] according to SMM research, on March 30th, the blast furnace operating rate calculated by SMM was 81.95%, which decreased by 0.22% compared with the previous month and increased month by month. "View details
[SMM billet commissioning rate: raw material and processing costs rise synchronously and billet commissioning rate hovers] according to SMM research, as of March 30, the operating rate of billet steel mills mainly producing building materials was 44%, which was 19.29% higher than that in February and decreased from the same period last year. "View details
[SMM Iron and Steel downstream PMI briefing: steel downstream industry demand recovery] March PMI composite index was 52.54, up 10.70 month-on-month, down 4.02 from a year earlier. After the quarterly adjustment, the composite index was 45.75, down 6.10 from the previous month and 3.30 from a year earlier. Taken together, demand in the lower reaches of this month gradually picked up as the Spring Festival and weather factors receded. Although some areas have been affected by the epidemic, production and orders have been restrained to a certain extent, logistics and transportation have also been affected, but as a whole, downstream. "View details
[rare earth industry strategy: "NdFeB production and processing recycled materials" standard] this standard specifies the technical requirements, test methods, inspection rules, marking, packaging, transportation, storage and quality certificates for NdFeB production and processing recycled materials. This standard is applicable to the recovery, processing and processing of all kinds of recyclable wastes (hereinafter referred to as recycled materials) produced in the production and processing of NdFeB. "View details
[rare Earth Industry Strategy: total amount Control Index of the first batch of rare Earth Mining and smelting Separation in 2022] notice of the Ministry of Industry and Information Technology and the Ministry of Natural Resources on issuing the total amount control index of the first batch of rare earth mining and smelting separation in 2022. Rare earths are products under the control and management of total production by the state, and no unit or individual may produce without or exceeding targets. In 2022, the total amount control indexes of the first batch of rare earth mining and smelting separation are respectively. "View details
[rare earth industry strategy: motor Energy efficiency improvement Plan (2021-2023)] by 2023, the annual output of high-efficiency and energy-saving motors will reach 170 million kilowatts, the proportion of in-service high-efficiency and energy-saving motors will reach more than 20 percent, and the annual power saving will be 49 billion kilowatt-hours. Equivalent to annual savings of 15 million tons of standard coal and 28 million tons of carbon dioxide emissions. Popularize and apply a batch of key core materials. "View details
[SMM Daily Review: silver nitrate market trading is stable, some manufacturers' prices are slightly higher and trading is insipid] SMM understands that the price of pure silver nitrate is 3275-3310 yuan / kg. According to SMM research, it is known that the orders of some domestic silver nitrate manufacturers are relatively insipid, and the silver paste manufacturers in the market are in normal production and operation, and downstream production orders have been received recently. "View details
[the National Energy Administration issued the 2022 Energy work guidance to promote the improvement of the energy innovation support system] around six key areas, such as new power systems, new energy storage, hydrogen and fuel cells, carbon capture, utilization and storage, digital intelligence of energy systems, and energy system security, a number of innovation platforms have been added. Carry out. "View details
[head of LME clearinghouse: there is no plan to ban Russian metals from trading platforms] in mid-March, the LME Copper Committee overwhelmingly recommended that LME ban delivery of Russian metals on exchanges; if implemented, it could have an impact on an already overheated market. LME said at the time that he did not intend to take any... "View details
[Mitsubishi is expanding its copper trading business in Europe with the increase of Peruvian copper mines] according to reports, the trading arm of Mitsubishi RtM is expanding its copper trading business in Europe in preparation for receiving concentrates from new mines in Peru. Mitsubishi has hired Blanco Buhavac of the former Trafigura Group as the chief trader for European base metals. Later this year, Mitsubishi will start from "check the details"
[zinc inventory performance divergence between the two major exchanges Shanghai zinc inventory rose to a five-year high] data released by LME show that after Lun zinc inventory changed to 144425 tons on March 15, it returned to the downward channel, and inventories continued to decline last week, with the latest inventory level of 142475 tons, constantly approaching the previous 20-month low of 140525 tons. According to the data released last week, zinc stocks in Shanghai last week. "View details
[Japan's largest nickel producer says global battery industry nickel demand will reach 410000 tons in 2022.] Sumitomo Metal, Japan's largest nickel producer, said on Tuesday that global battery industry nickel demand will grow by more than 20 per cent this year because of strong demand for electric vehicles. Sumitomo Metals supplies cathode nickel for Panasonic lithium batteries used in Tesla electric vehicles. Demand for nickel for rechargeable batteries in 2022 will be close to that in 2021, the company said.... "View details
[progress of Qingshan Zhejiang annual stainless steel cold rolling project] it is reported that the Jinboyu Island Port Industrial Park project is located on Jinboyu Island, Xiashi Town, and is invested and built by Qingshan Digital Science and Technology Co., Ltd., the controlling subsidiary of Qingshan Group. It plans to invest 5 billion yuan and cover an area of 1400 mu to build an annual cold rolling steel plant of 700000 tons and a stainless steel finishing plant of 300000 tons. "View details
[Zhongjin Lingnan's net profit of more than 1.17 billion yuan in 2021 reached an all-time high] in addition to lead and zinc mines, Zhongjin Lingnan also distributes metal resources such as nickel and cobalt, which has previously said on an interactive platform that as of December 31, 2020, the company's Dominica Kanbei Mountain project totaled 92400 tons of nickel metal; in addition, the company's total cobalt resources for the Mont Orside project in Australia. "View details
[Ganfeng Lithium Investment 96 million wholly-owned Tianyuan Lithium material Company involved in the sales of lithium carbonate and lithium battery positive and negative materials] on March 29th, Tianyuan Lithium material Hebei Co., Ltd. experienced industrial and commercial changes, and the original shareholders all withdrew. Jiangxi Ganfeng Lithium Industry Co., Ltd. and wholly-owned shares with a capital contribution of 96 million yuan; at the same time, Fu Lihua served as its legal representative, executive director and general manager. The company was founded in November 2016, the scope of business includes the sale of battery-grade lithium carbonate, industrial-grade lithium carbonate. "View details
(it is still unknown whether Rusal's annual net profit will triple year-on-year) it is worth noting that Rusal's earnings increased by 40% year-on-year, which is due to a sharp rise in aluminum prices during the period. the average aluminum price increased to $2553 / ton (up 41.4% year-on-year), while the London Metal Exchange quoted (up 138.9% to $2303 / ton) and realized an average premium. "View details
[global shift to coal under "gas shortage" carbon emissions from power plants jump to record levels in 2021] Ember data show that 2021 is a year of rapid recovery in electricity demand, with global electricity demand growing by 5.4 per cent. Meanwhile, fossil fuels, especially coal power generation, rebounded sharply last year after falling during the outbreak. Coal-fired electricity generation will increase in 2021. "View details
Terminal information
[freight rates have fallen ten times in a row? It is expected to pick up in the second quarter! Sky-high freight rates will add 1.5 per cent to global inflation this year.] rates for the far East-US-West route fell for three weeks, falling $63 per FEU to $7960 from the previous week, falling below $8000 for the first time since February 11. Freight rates for the eastern route from the far East to the United States also fell another $130 to $10504 per FEU, the lowest since the end of November last year. In addition, the freight rate per TEU from the far East to Singapore has dropped. "View details
[Ning Wang's share drops second-line power battery enterprises rise] among the top 10 companies in February, Ningde era's installed capacity is 6.57GWh (more than the sum of the other 9), with a market share of 48%. Although it still ranks among domestic power battery enterprises in terms of TOP1, its February market share is compared with January. "View details
Another battery company goes out to sea! Yiwei Lithium Energy plans to buy land to build a power battery factory in Hungary] on January 29, Yiwei Lithium Energy signed a "Strategic Cooperation Framework Agreement" with the people's Government of Huizhou City, and the two sides will deepen strategic cooperation to create a 100 billion-level new energy battery industry cluster in Huizhou. Yiwei Lithium Energy and its holding enterprises will also invest no less than …... "View details
[China's new energy vehicle track disclosed financing totaled 363.9 billion yuan in 2021] there were more than 363.9 billion financing events for three consecutive years from 2016 to 2018; 2017 was the year with the largest number of financing events, reaching 185.The number of related events and disclosed amount dropped somewhat in 2019; and 89 new energy vehicle track financing events in 2020 broke through the 100 billion yuan mark for the first time. The number of new energy vehicle track financing events in 2021 is. "View details
Mercedes-Benz ranks third in the world in revenue in 2021, thanks to its excellent product mix, stable net pricing, continued improvement in cost efficiency and good performance of its used car business, with sales of its high-end car line up 30% and delivery of pure electric models for passenger cars and light commercial vehicles up 64%. Since 2019, Mercedes-Benz passenger car business segment. "View details
[100MW! It is reported that the 100 MW photovoltaic project is the first project invested by Datang Group in Loufan County. The project is located in Tianchidian Township, Loufan County, covering an area of about 2800 mu. The planned installed capacity is 100MW and a new 220kV booster station is built. The project is scheduled to be connected to the grid by June 30, and the total investment is expected. "View details
[foreign semiconductor companies rush to boost neon prices by up to 10 times in a month] it is understood that about 45 to 54 per cent of the world's semiconductor neon gas is produced by two Ukrainian companies Ingas and Cryoin. After the war between Russia and Ukraine, both companies closed their operations, meaning that half of the world's neon production capacity was suddenly lost. At the same time, the novel coronavirus pandemic pushed up mobile phones, laptops and... "View details
[the Energy Administration deploys work in 2022: accelerating the green and low-carbon transformation of energy, sea breeze, photovoltaic is expected to play a role] it is mentioned that the structural transformation will be promoted steadily. The proportion of coal consumption has declined steadily, the proportion of non-fossil energy in total energy consumption has increased to about 17.3%, the new electric power has replaced about 180 billion kilowatt-hours of electricity, and the proportion of wind power and photovoltaic power generation in the electricity consumption of the whole society has reached. "View details
![[SMM Analyse hebdomadaire des séparateurs] La croissance de la production est restée inférieure à la demande finale, creusant l'écart entre l'offre et la demande](https://imgqn.smm.cn/usercenter/BmqWy20251217171726.jpg)
![[Analyse SMM] La haute saison du marché du cobalt démarre lentement : la reprise de la demande peine à prendre de l'élan](https://imgqn.smm.cn/usercenter/olwlF20251217171731.jpg)
![Marché des applications de seconde vie stable, le carbonate de lithium monte puis baisse, la demande LFP surpasse le ternaire [Revue hebdomadaire SMM]](https://imgqn.smm.cn/usercenter/GVVKq20251217171728.jpg)
