Recently, Jiangsu Guotai indicated that the prices of main raw materials for the electrolyte purchased from domestic suppliers have been declining.

According to the data released by the World Gold Council, in April, the global gold ETF achieved a net inflow of 43 mt (about $3 billion), 77% lower than last month. 

[SMM afternoon comment on lead: Express report on 1# lead market in other regions] During the day, the SMM1# lead prices rose while the smelters maintained to quote at discounts. Due to the low acceptance to the sharply rising lead prices, the goods receiving willingness was insufficient.

SHANGAHI, May 4 (SMM) - Looking back on the trend of nickel prices in April, most of the trading days were in upward trend and only few were in downstream trend. SHFE nickel remained high as a whole in April. How will the nickel prices go in May?

SHANGHAI, May 5 (SMM) - In addition to the battery leader CATL, other power battery factories also raised their prices.

In terms of import structure, the imports of rare earth metal ore took up the largest proportion and stood at 11,000 mt in March, a year-on-year increase of 6.15%, all of which came from the United States. The imports of rare earth metal ore were 9,750 mt in February, and the imports in March rose 17.4% MoM.

On April 25, aluminium prices fell sharply by 850 yuan/mt to 20,950 yuan/mt, down 3.9% The falling prices suppressed shipment from traders.

SHANGHAI, Apr 25 (SMM) - Silicon metal prices declined last week.

SHANGHAI, Apr 22 (SMM) - Last week, the National Development and Reform Commission said that the crude steel output reduction policy will continue to be implemented in 2022, triggering market concerns about a reduction in iron ore demand and causing iron ore futures prices to plunge.

As of Friday April 22, the SMM Imported Copper Concentrate Index (weekly) stood at $82.63/mt, $1.48/mt higher than the previous week. The market transactions were relatively slack last week, but the traded prices moved up to $81-82/mt, even $84-85/mt.