Data: SHFE, DCE market movement (Dec 30)

Published: Dec 30, 2022 15:23

Save

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Dec 30, 2022

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

35 mins ago

Copper Cathode Rod Orders Expand, Inventories Decline; Production to Increase 2.31% WoW

[SMM Copper Cathode Rod Flash] New orders continued to expand, and with the holiday approaching, finished product inventories destocked at a faster pace. Production willingness at copper cathode rod enterprises strengthened, and the operating rate is expected to rise 2.31 percentage points WoW next week.

35 mins ago

37 mins ago

Copper Rod Enterprises Restock as Prices Fall; Finished Product Inventories Drop Ahead of Holidays

[SMM Copper Cathode Rod Flash] The decline in absolute prices prompted copper rod enterprises to restock intensively, with raw material inventories rising MoM. The pullback in copper prices, coupled with the approaching Mid-Autumn Festival and National Day holidays, encouraged downstream users to stockpile in advance, driving finished product inventories down significantly MoM.

37 mins ago

41 mins ago

Copper Cathode Rod Producers' Operating Rate Surges 4.32% WoW Amid Price Pullback and Restocking Rush

[SMM Copper Cathode Rod Flash] The operating rate of copper cathode rod producers rose 4.32 percentage points WoW this week, mainly because the pullback in copper prices exceeded market expectations, prompting downstream buyers to actively price and restock, with new orders at copper cathode rod enterprises seeing a significant surge. By segment, operating rates at end-user sectors such as wire and cable and enamelled wire both moved higher, but overall demand recovery at wire and cable enterprises still fell short of expectations.

41 mins ago