NBS: Consumer Prices See 0.8% Year-on-Year Increase in August

On September 10, the average price of SMM #1 refined nickel was 129,300 yuan/mt, up 1,450 yuan/mt from the previous trading day. In terms of spot premiums, the average premium for Jinchuan #1 refined nickel was 2,300 yuan/mt, up 150 yuan/mt from the previous trading day, while mainstream domestic electrodeposited nickel brands ranged from -100 to 500 yuan/mt.

Malaysia's Ministry of Investment, Trade and Industry (MITI) formally published a notice in the Federal Government Gazette (P.U.(B) 331) on September 9, 2026, initiating an anti-dumping investigation (Case AD 03/26) into cold-rolled stainless steel products in coils, sheets, or any other form originating or exported from Indonesia, pursuant to Section 20 of the Countervailing and Anti-Dumping Duties Act 1993. The petition was lodged by Bahru Stainless Sdn. Bhd., based in Johor, on behalf of the Malaysian industry. Subject merchandise falls under HS/AHTN codes 7219.31–7219.35, 7219.90, and 7220.20 series. The petitioner alleges significant dumping margins with evidence of injury including increased import volumes, market share loss, price undercutting and depression, reduced sales and capacity utilization, and inventory buildup. All interested parties must submit questionnaire responses and views via the TRIMA system within 30 days of the gazette publication.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 09 Sep , 2026