Pu Shenglun Nickel rose more than 2% in the outer market. Black warmer iron ore rose more than 4% in the inner market [SMM Daily Review]

SMM4 March 12: today, the dollar index continued to rise slightly, crude oil futures also rose strongly. As of 15:30, the dollar index was up 0.18%, US oil was up 2.77%, and cloth oil was up 2.63%.

Metal futures market: metal in the inner market was mixed, and Shanghai Aluminum continued to fall, leading the way with a decline of 1.22%. Shanghai lead fell slightly by 0.55%, and Shanghai Copper fell slightly by 0.07%. Shanghai zinc rose in intraday trading and rose all the way up to close up 1.75%. Shanghai tin rose 0.26%, while Shanghai nickel rose 0.03% near the close.

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The black system warmed up, the whole line was floating red, and the iron ore rose continuously, recording an increase of 4.4%, a thread increase of 2.19%, a hot roll increase of 1.81%, and a smooth red turn of stainless steel, up 0.44%. Shuangjiao continued to rise, with coking coal up 2.72% and coke up 4.10%.

LME metal futures: as of 15:30 Beijing time, the outer disk metal rose generally, only Lunxi slightly fell 0.05% only floating green. The rest remained uplink, with Lunni leading the outboard with a 2.09% rise, while Lunal rose 0.92%. Lead and zinc rose 0.55%, while copper rose 0.26%.

As at 15:30 on April 12:

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SMM Daily Review

Aluminum price continues to fall by 380 yuan per ton of waste aluminum demand is weak [scrap aluminum daily review]

The price of aluminum fell 380 yuan / ton today to 20850 yuan / ton at present. The price of waste aluminum continues to fall, cooked aluminum, down 200-300 yuan / ton; raw aluminum, down 100-200 yuan / ton. The continuous decline in aluminum prices, coupled with the impact of the epidemic and other factors, make the demand for waste aluminum getting worse and worse, especially raw aluminum, which is expected to be in the short term. "Click to view details

The processing fee of aluminum bar continues to rise and the willingness to receive goods in the lower reaches of South China is strengthened. [daily Review of Aluminum Bar spot]

Today, aluminum prices continue to decline, East China, South China mainstream market continues to raise processing fees, according to SMM understanding, East China market Φ 90 aluminum bar mainstream price 570 yuan / ton, Φ 120 Φ 178 aluminum bar mainstream price 520 yuan / ton; price center of gravity rose 20 yuan / ton. Mainstream quotation of Φ 90 aluminum bar in South China market. "Click to view details

Downstream demand continues to be weak and Nickel supply is getting tighter [SMM Nickel Daily Review]

At present, from the perspective of nickel fundamentals, the domestic supply and demand in April is in a state of double decline. From the demand side, the negative feedback caused by the excessive rise in raw material prices in the direction of new energy begins to appear, but on the whole, under the background of weak supply and demand, the tight supply pattern has not been completely reversed. Nickel price... "Click to view details

Poor availability of raw materials or tightening of coke supply [SMM Coke spot Daily Review]

Supply side: affected by the epidemic, coke enterprises in Shanxi are still difficult to ship, coke inventory has accumulated to varying degrees, demand side: steel mills still have a good demand for coke, strong willingness to replenish storage, steel mills demand gradually increase, active procurement, coke enterprises in some areas affected by the epidemic transport difficulties, some coal shortage …... "Click to view details

The trading atmosphere in Zhong Manganese City is calm [SMM Daily Review]

Domestic electrolytic manganese main producing area spot price than yesterday's overall average price temporarily concentrated at 16000 yuan / ton, FOB than last Friday's average price weak stable at 2500-2600 US dollars / ton. At present, the overall trading atmosphere of the upstream and downstream of the domestic manganese market is calm, although in the first half of the week, mainstream steel enterprises continued to inquire in April, demand release, but did not see …... "Click to view details

Spot price of silicon and manganese is temporarily stable [SMM Silicon and Manganese Daily Review]

April 12, the northern market silicon manganese 6517 (cash) 8500-8600 yuan / ton, the southern market silicon manganese 6517 (cash) 8600-8700 yuan / ton. Today's disk performance is not good, Si-mn spot market quotation is temporarily stable. According to SMM, there are many spot goods in the market at present, and the operating rate in various places is still at a normal level. "Click to view details

The quantity of Gabon ore concentrated in Hong Kong increases the price of manganese ore may fluctuate [SMM Manganese Mine Daily Review]

According to SMM, the outer manganese oxide ore remains high, the semi-carbonic acid ore decreases slightly, and the overall market manganese oxide ore shows a slight shortage, but the profit of the alloy factory decreases obviously, and the willingness to accept the high-priced ore is not high, so under the situation of game stalemate, the market price of manganese oxide ore is temporarily stable. In addition, Gabon has recently concentrated in Hong Kong. "Click to view details

The price of molybdenum concentrate continues to rise without decreasing market heat [SMM Molybdenum Daily Review]

Today, domestic molybdenum prices continue to rise, especially molybdenum concentrate in many mines in the early auction prices continue to rise, the market heat is gradually rising, superimposed by the current continuous shortage of molybdenum concentrate supply, participants are generally bullish on its price, the price then went up sharply again, and at noon on the 12th, a large mine in Henan once again held an online tender for molybdenum concentrate. "Click to view details

The stock market closed

The market rose rapidly in the afternoon, driven by the strength of financial stocks, with all three rising more than 1%.

On the market, the consumer plate is collectively strong, the tourism plate is rising, and the plate is rising and stopping. The retail sector rose sharply, with more than 10 shares rising by the limit. Port stocks strengthened in the afternoon. In terms of decline, the real estate sector fell into adjustment, with nearly 10 shares falling by the limit. On the whole, stocks rose more than fell less, more than 3700 stocks in the two cities rose, and nearly 100 stocks rose by the limit. Today's turnover on the Shanghai and Shenzhen stock markets is 916.5 billion, a decrease of 47.2 billion compared with the previous trading day.

In terms of plates, tourism, airports, duty-free shops, ports, retail and other sectors led the increase, while real estate, glyphosate, chemical fertilizer, agriculture and other sectors led the decline.

By the close, the Prev index was up 1.46%, the Shenzhen Composite Index was up 2.05%, and the gem index was up 2.5%. Northbound funds bought 9.137 billion net throughout the day, of which Shanghai stocks bought 4.227 billion and Shenzhen stocks bought 4.91 billion.

Today, the coal industry sector rose strongly, and the sector index closed up 1.37%. In terms of individual stocks, China Coal Energy rose by the daily limit, while Yunmei Energy and Yitai B shares hit the daily limit, and finally closed up more than 6%. Shanxi coking rose 5.37%, and Shanxi coking coal rose 4.51%.

The three major A-share indexes all closed up more than 1%, and other sectors such as real estate led the decline in the consumer sector collective strength [stock market close]

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[SMM Today's News]