SMM Nickel Flash News: Tsingshan's August 300-Series Futures Open Up by 100 Yuan

Published: Aug 4, 2025 11:52

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[SMM Nickel Flash News] SMM reported on August 4 that Tsingshan's 300-series futures for August opened up by 100 yuan. Details are as follows:
304 cold-rolled 4-ft Yongjin at 12,800 yuan/mt (uncoated basis), 304 cold-rolled 4-ft Shangke/Hongwang/Indonesia at 12,700 yuan/mt (uncoated basis), 304 5-ft Shangke at 12,700 yuan/mt (uncoated basis), 304 cold-rolled 5-ft Hongwang at 12,600 yuan/mt (uncoated basis), below 0.61 at 12,700 yuan/mt (uncoated basis); 304 cold-rolled 5-ft Yongjin at 12,900 yuan/mt (uncoated basis), below 0.6 at 12,800 yuan/mt (uncoated basis). The above prices are 100 yuan higher than the previous settlement price. Tsingshan's 304 HRC spot cargo and futures guidance price for August are 12,400 yuan/mt, 100 yuan higher than the previous settlement price.

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