Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SMM Daily Comments (Jul 3): SHFE Base Metals Rose across the Board with Tin Surging, Ferrous Metals Prices Closed Mixed

SMM Daily Comments (Jul 3): SHFE Base Metals Rose across the Board with Tin Surging, Ferrous Metals Prices Closed Mixed

Jul 7, 2023 18:21

Source:SMM

Crude oil futures closed lower today. As of 15:04 CST today, WTI oil and Brent oil fell 0.37% and 0.32% respectively. As of 15:05 today, the U.S. dollar index rose 0.22%.

Crude oil futures closed lower today. As of 15:04 CST Jul 3, WTI oil and Brent oil fell 0.37% and 0.32% respectively. As of 15:05 today, the U.S. dollar index rose 0.22%.

As of the closing of the intraday trading, the SHFE base metals rose across the board, with SHFE tin up 3.12%, SHFE copper up 1.71%, SHFE nickel up 1.33%, SHFE lead up 1.2%, SHFE zinc up 1.1%, SHFE aluminium up 0.72%, and alumina up 0.68%.

Ferrous metals prices closed mixed today. Stainless steel prices rose 0.03%, and hot-rolled coil prices rose 0.42%.

Futures market

Market review

For queries, please contact William Gu at williamgu@smm.cn

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

Related news

SMM Nickel Market Morning Comment (Jun 14)

On June 13, Jinchuan nickel was at a premium of 2,500-3,000 yuan/mt, with an average of 2,750 yuan/mt, flat compared to the previous trading day.

time

Jun 14, 2024 09:09

LiCarbonate Daily - June 13

On June 13, lithium carbonate futures rose 1.14% to 97,800 yuan/ton (~13,489.66 USD/ton). The battery-grade index fell to 99,121 yuan/ton (~13,671.86 USD/ton).

time

Jun 13, 2024 19:12

Analysis SMM Comments Industry

LiCarbonate Daily - June 13

LiCarbonate Daily - Market Update for May 24

On May 24, lithium carbonate futures rose 2.28% to 107,600 yuan/ton (~14,861.88 USD/ton). The battery-grade index increased to 106,293 yuan/ton (~14,681.35 USD/ton).

time

May 24, 2024 18:22

Analysis SMM Comments Industry

LiCarbonate Daily - Market Update for May 24

LiCarbonate Daily - May 7th

On May 7, lithium carbonate futures rose 1.70% to 113,900 yuan/ton (~15,775.62 USD/ton). Battery-grade index reached 111,686 yuan/ton (~15,468.98 USD/ton), rising 103 yuan.

time

May 7, 2024 22:52

Analysis SMM Comments Industry

LiCarbonate Daily - May 7th

State Power Group, CNNC, China Nuclear Power, Huaneng and other five central enterprises have awarded the EPC contract for over 23GW of photovoltaic power plants.

In the first quarter of 2024, major central enterprises such as China Energy Construction, CNNC, State Energy Group, China Huadian Group, China Huaneng Group, China Datang Group, State Power Investment, and China Energy Construction have secured a total of over 56GW in EPC contracts for photovoltaic power stations. Ground-mounted power stations are the dominant project type, with distributed photovoltaic stations also gaining traction. Bid prices for photovoltaic EPC projects have decreased due to lower raw material costs. Central SOEs and private enterprises like Suntech, JA Solar, and Schneider Electric have won bids, indicating a competitive market for photovoltaic projects in China.

time

Apr 15, 2024 23:52

LiCarbonate Daily - April 10th Update

Today's lithium carbonate market rose significantly, with the SMM index at 112,624 yuan/ton (~15,577.32 USD/ton) and futures up 2.02%, amid strong pricing sentiment and supply tightness.

time

Apr 10, 2024 20:45

Analysis SMM Comments Industry

LiCarbonate Daily - April 10th Update

LiCarbonate Daily - April 9th Update

Today's lithium carbonate market saw a modest increase, with the SMM index at 111,571 yuan/ton (~15,431.67 USD/ton) and futures rising by 0.44%, amid slight fluctuations.

time

Apr 9, 2024 19:14

Analysis SMM Comments Industry

LiCarbonate Daily - April 9th Update

Guangdong zinc: Transportation affects factory orders, warehouse spot trading volume rises

#0 zinc in Guangdong was traded at 21065~21225 yuan/mt today.

time

Mar 20, 2024 18:23

Tianjin zinc market: premiums remain weak amid poor downstream consumption

In Tianjin, #0 zinc ingot was mostly traded at 20980~21160 yuan/mt, Zijin zinc 21000~21200 yuan/mt, and Huludao zinc 24550 yuan/mt.

time

Mar 20, 2024 18:18

Many steel mills resumed production as planned, boosting the blast furnace operating rate [SMM blast furnace operating rate]

According to SMM research, on March 20, the blast furnace operating rate was 89.45%, an increase of 0.3% month-on-month.

time

Mar 20, 2024 16:32

SMM Events & Webinars

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.