The mainstream average traded price of monocrystalline silicon wafer M10 was 6.15 yuan/piece.

On May 5, the average price of Ni 1.5% ore stood flat on the week at $51/wmt on a CIF basis.

SHFE 2306 lead opened at 15,320 yuan/mt today, once dropping to 15,275 yuan/mt.

Shanghai nonferrous metals closed mostly with losses in day trading. 

 A latest report from Bank of America released on Monday showed that as corporate earnings were impressive, trillions of US dollars of idle money will be invested.

SHANGHAI, Apr 28 (SMM) – The machine learning indicates that the most-traded SHFE aluminium contract will fluctuate rangebound or downwards after the Labour Day holiday.

According to CCTD monitoring, the current price of 5,500 kcal thermal coal in Beigang is around 995 yuan/mt, a decrease of 100 yuan/mt from the beginning of the month.

After five consecutive months of drastic decline, battery-grade lithium carbonate prices have temporarily stabilised after plunging below 180,000 yuan/mt on April 20.

Many people in China feel like that prices of daily groceries, like fresh fruit and vegetables, are going up, creating an illusion that inflation is looming large.

The Russian-Ukrainian conflict has been ongoing for several weeks and the global commodities market has seen dramatic volatility as a result. This comes after the market erupted in concerns over the supply of Russian nickel metal, with LME nickel prices surging above $100,000 per tonne in a single day.