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Metal ups and downs black to maintain a strong period of nickel into the shock period [SMM Daily Review]

iconMar 31, 2022 17:02
Source:SMM
[SMM Daily Review: metals rise and fall each other to maintain a strong period of nickel entering the shock period] by the end of the day, the basic metals in the inner market were up, of which lead and zinc in Shanghai were up more than 1%, aluminum and nickel in Shanghai were up more than 0.4%, and Lun copper and tin closed down 0.35% and 0.63%, respectively. Black only stainless steel floating green, down 0.88%; iron ore up more than 3%, coke up more than 2%, thread, hot rolling up more than 1%.

SMM3 March 31 News: today, the dollar index fell slightly, crude oil futures floating green. As of 15:40, US crude was almost flat, down 0.08 per cent, while US crude and Brent were down more than 4 per cent and 3 per cent, respectively.

Metal futures market: by the close of the day, the basic metals in the inner market were up, of which lead and zinc in Shanghai were up more than 1%, aluminum and nickel in Shanghai were up more than 0.4%, and Lun copper and tin closed down 0.35% and 0.63% respectively.

View the spot historical price of SMM metal

Black only stainless steel floating green, down 0.88%; iron ore up more than 3%, coke up more than 2%, thread, hot rolling up more than 1%.

LME metal futures: LME metal except Lun Ni did not open, other metals only Lun Zinc floating red. By about 15:45, zinc rose 0.51%, copper and lead fell more than 0.2%, and aluminum and tin fell more than 0.3%.

As at 16:46 on March 31:

"Click to view the real-time market.

SMM Daily Review

SMM Daily Review: overseas alumina falls again and the price gap at home and abroad begins to narrow.

Overseas alumina prices fell again today. Western Australia FOB quoted US $488 / ton today, down US $20 / ton compared with yesterday. This price is equivalent to the domestic mainstream arrival price of 4118 yuan / ton. The current price difference at home and abroad is still 1140 yuan / ton, but compared with the previous price difference can be as high as... "View details

"View the price of SMM aluminum products

Brief Review of lead in SMM period: Shanghai lead continues to strengthen and Sanlianyang pays attention to 15900 yuan / ton first-line pressure level at night.

On the spot market, the discount of some primary lead smelters has been expanded to more than 200 yuan / ton, but the actual transaction is very light; the profit level of recycled lead refineries continues to improve, and the enthusiasm for purchasing and shipping waste batteries is significantly increased. Recycled lead discounts are obviously expanded, and the average net price is discounted. "View details

"View the price of SMM lead products

SMM tin afternoon review: the trend of tin fell slightly and spot shipments remained stable

During the early trading period, the smelter continued to maintain a pro-price attitude, and the strong willingness of individual manufacturers to increase the overall price gap. According to the feedback today's market quotation in the spot non-deliverable brand and Yunxi brand is still on the low side, from the shipping point of view, the price drop released the demand performance, some customers low order waiting for transaction. Today, imported tin is still quoted for a small rise in the main contract to maintain price competitiveness. Downstream enterprises on demand. "View details

"View the price of SMM tin products

Foshan stainless Steel Daily Review: the market has different opinions on the future trend. SS contracts fall back and the market is depressed again.

On March 29th, the spot prices of all departments in Foshan market rose slightly, with prices ranging from 19900 yuan / ton to 20200 yuan / ton. Some people in the market believe that prices in the case of support, stainless steel behind can not fall, but the market opinion is not unified, bullish and bearish can not be confirmed. Recently, a number of steel mills have plans to reduce production by 304, and the supply is expected in April. "View details

"View the price of SMM stainless steel products

SMM Coke spot Daily Review: steel mills have increased enthusiasm for coke procurement and market sentiment has improved significantly.

On the supply side, the inventory of some coking enterprises still accumulated, coupled with the orderly unsealing in Tangshan area, transportation began to resume, shipments improved, inventory decreased, and market sentiment improved. On the demand side, with the gradual resumption of transportation, the pace of replenishment of steel mills is accelerated, and in some areas that have been unsealed, steel mills are expected to resume production and receive goods actively, but the epidemic is not over and the demand for coke has not increased significantly. At the raw material end, affected by the epidemic, the transportation of coal mines in many places has been blocked, and the stock of coking coal has been blocked. "View details

The stock market closed

The market fluctuated throughout the day, and the gem index led the decline.

On the market, the digital currency plate strengthened in the afternoon, the real estate plate fluctuated and fell in the afternoon, and there are still more than 10 shares in the plate. In terms of decline, racing stocks such as lithium batteries fell into adjustment again. In addition, in the afternoon, individual stocks staged a wave of frying boards, and the rate of exploding boards in the two cities once exceeded 50%. On the whole, it fell more than rose less, and more than 2400 stocks in the two markets fell. Today's turnover on the Shanghai and Shenzhen stock markets is 1.0091 trillion yuan, which is 50.7 billion higher than that of the previous trading day, and the turnover between the two markets is back to one trillion yuan.

Plate, digital money, real estate services and other sectors led the rise, salt lake lithium extraction, metal nickel, HJT battery stocks and other sectors led the decline.

By the close, the Prev index was down 0.44%, the Shenzhen index was down 1.19%, and the gem index was down 1.38%. Northbound funds bought 1.053 billion net throughout the day, of which Shanghai stocks bought 1.729 billion and Shenzhen stocks sold 676 million.

Today, the coal industry plate is red, with the sector index up 1.79%. In terms of individual stocks, Pingping Coal shares rose more than 9%, Xinji Energy rose more than 6%, and Huaibei Mining rose more than 5%.

The three major A-share indexes all fell. Salt Lake Lithium extraction, Nickel and other sectors led the decline [stock market closed]

"View the price of SMM copper products

"View the price of SMM zinc products

"View the price of SMM nickel products

[SMM Today's News] Metal internal and external differentiation | PMI downstream of copper in March is lower than expected | negative feedback appears downstream of new energy.

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