[SMM afternoon Review] there is a general decline in the non-ferrous market. Black is difficult to survive. The last period of crude oil fell 2.78%.

Publicado: Jul 20, 2020 11:52 (GMT+8)
On Monday morning, most commodities were green, with non-ferrous metals near shanghai aluminum up 0.67%, while shanghai zinc, shanghai lead and nickel both fell more than 1%.

SMM7 March 20: on Monday morning, most commodities were green, non-ferrous metals near Shanghai aluminum rose 0.67%, Shanghai zinc, Shanghai lead and nickel fell more than 1%. Shanghai Aluminum rose 0.67%. In terms of inventory, on July 20, SMM counted that the social inventory of electrolytic aluminum in China was 712000 tons, an increase of 4000 tons over last Thursday. The inventory in Shanghai, tin and Guangdong was small, and the inventory in Gongyi, Hangzhou and other places continued to decline. In terms of electrolytic aluminum inventory, the inventory of electrolytic aluminum increased by 4000 tons compared with last Thursday. The 2020 China Ni-Cr stainless Steel Industry Market and Application Development Forum was held in Wuxi by SMM on July 20. At the meeting, SMM Senior Nickel analyst Liu Yuqiao analyzed the market and market prospect of China's Ni-Cr stainless steel industry chain in 2020. SMM expects both nickel and stainless steel prices to have wide volatility, ferrochromium prices are relatively stable, and the price center of gravity in the second half of the year is higher than that in the first half of the year as a whole.

In terms of black, iron ore and steel both fell slightly. According to the statistics of SMM, the operating rate of blast furnace rebounded slightly in the third week of July, mainly from the end of the maintenance of some steel mills. It is expected that the operating rate will remain relatively stable this week, the demand side will continue to be high, and it will also provide strong support for iron ore. Short-term in the current high after falling, if there is no other external news stimulation, the imported mining market this week or high shock.

Crude oil fell 2.78% in the previous period. Oil prices fell on Monday, dragged down by the prospect that an acceleration in the number of new crown infections could dampen the recovery in fuel demand. Brent crude futures are now down 0.74% at $42.82 a barrel. Us crude oil futures fell 0.69% to $40.31 a barrel.

Close by noon

Today's spot

Zinc: Shanghai Zinc mainstream traded at 17700Mel 17820 yuan / ton, Shuangyan at 17710MUE 17830 yuan / ton, Shuangyan Zinc for August 100 RMB110 / ton, Shuangyan for August at 110RMB / ton, and Shuangyan Zinc mainstream at 17630MUE 17750 yuan / ton. The main trade of Zinc in Shanghai was 17700Muk 17820 yuan / ton, Shuangyan zinc was traded at 17710Mui 17830 yuan / ton. Shanghai Zinc 2008 contract rose after intraday finishing, closing at 17680 yuan / ton in the morning market. The smelter shipped normally, the domestic circulation in the market is still not high, and the trading is normal. The domestic quotation in the market has further risen from 100yuan / ton to 110yuan / ton, and the transaction feedback is limited. The average price of SMM net and the average price + 5 are more active. Into the second trading session, the market quotation remained stable at about 110 yuan / ton, trading activity among traders decreased, downstream procurement is still no bright spot, the overall market turnover is mediocre.

The mainstream trading of zinc ingots in Tianjin market was 17800mur17860 yuan / ton, Zijin was traded at 17840mur17890 yuan / ton, Huludao was quoted at 19060 yuan / ton, Zinc was generally quoted around 140yuan / ton to 2008 yuan / ton to 150yuan / ton, Zijin to August contract was quoted around 180yuan / ton, and the Tianjin stock market remained around 2030 yuan / ton compared with Shanghai stock market. Today, the decline of zinc in Shanghai has widened, and the discount price has been raised on the spot market, and the price is relatively uniform. The ordinary brand Bering News has quoted a rise of 140 yuan per ton for the 08 contract, and Hong has quoted a rise of 150 yuan per ton for the 08 contract. Chi Hong quoted a rise of 140 yuan per ton for the 08 contract, while the high-priced brand Zijin quoted 180 yuan per ton for the August contract, while Baiyin quoted 180 yuan per ton for the 08 contract. The fourth Ring Road (delivered) quoted 120 yuan / ton for the 08 contract, and Ha Zinc (including the depot) quoted 70 yuan / ton for the 08 contract. Today, the decline in zinc prices widened, and traders raised their discount quotations, and all reflected that shipments were relatively smooth after today's falling prices, and some of them shipped at high prices; downstream, absolute prices fell sharply today, and downstream enterprises' willingness to buy goods improved, and the terminal project in North China was warmer than in the previous period. On the whole, today's transaction is better than last week. Zinc ingots traded at around 17690 RMB17740 per ton.

The mainstream transaction of Ningbo Gao was 17660 Mel 17760 yuan / ton, and the price of the ordinary brand increased by 80 won 130 yuan / ton to 2008, and the price difference between Ningbo and the ordinary brand in Shanghai changed from the flat water last Friday to around 10 yuan / ton of discount. Today's correction in zinc prices has led to the buying mood downstream, and Ningbo market traders are more active in shipments. In the first trading session, Tiefeng reported that the water rose around 100 yuan per ton for the August contract, and the West Mining News raised about 80 yuan per ton for the August contract. Kirin reported around 130 yuan per ton for the August contract, and Huize reported around 200 yuan per ton for the August contract. In addition, some imported zinc, such as Harbin zinc, is quoted around 10 yuan / ton for the August contract, and Myanmar zinc is reported around 50 yuan / ton for the August contract. The market downward adjustment overlay market supply circulation is more abundant, today Ningbo market trading has improved, downstream enterprises purchase willingness to pick up.

Updating.

Scan the QR code and join the SMM metal communication group.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
Notícias Relacionadas
Projeto de lei de Gana propõe ação especial do Estado e prazos mais curtos para concessões de mineração
há 23 horas
Projeto de lei de Gana propõe ação especial do Estado e prazos mais curtos para concessões de mineração
Leia mais
Projeto de lei de Gana propõe ação especial do Estado e prazos mais curtos para concessões de mineração
Projeto de lei de Gana propõe ação especial do Estado e prazos mais curtos para concessões de mineração
[SMM Gold Flash] Um projeto de lei de mineração analisado pela Reuters em 30 de setembro permitiria que o ministro de Minas de Gana exigisse que as empresas emitissem ao Estado uma ação especial gratuita com direitos de consentimento sobre transações importantes. Ele manteria a participação estatal gratuita existente de 10% e limitaria as concessões de mineração a 15 anos ou à vida útil projetada da mina, o que for menor. O projeto também permitiria regras futuras que exijam processamento local e restrinjam a exportação de concentrados não processados. Nenhuma dessas propostas foi promulgada; a Reuters não estabeleceu quando o projeto foi elaborado. Para os mineradores de ouro de Gana, os direitos propostos e as concessões mais curtas podem afetar o financiamento, as avaliações e as decisões de renovação. De acordo com o projeto, os atuais titulares de direitos que buscam renovação receberiam consideração prioritária para licenças equivalentes. As empresas de mineração esperam mais consultas antes do debate parlamentar, informou a Reuters. O texto final e o cronograma permanecem incertos.
há 23 horas
PGMs: Testes independentes avançam a tecnologia de baterias de platina e paládio
há 23 horas
PGMs: Testes independentes avançam a tecnologia de baterias de platina e paládio
Leia mais
PGMs: Testes independentes avançam a tecnologia de baterias de platina e paládio
PGMs: Testes independentes avançam a tecnologia de baterias de platina e paládio
[SMM PGM Flash] A Platinum Group Metals declarou em 1º de outubro que testes independentes realizados pelo Battery Innovation Center validaram os eletrodos à base de platina e paládio de sua subsidiária Lion Battery em células protótipo de lítio-enxofre. Em comparação com células sem os catalisadores, os protótipos apresentaram melhor capacidade e desempenho de taxa, com as formulações ricas em paládio tendo o melhor desempenho geral. A Platinum Group e a Valterra Platinum, que detêm 52% e 48% da Lion, respectivamente, aprovaram financiamento para a próxima fase. O resultado oferece um possível novo uso para os PGMs além dos catalisadores de escapamento veicular, mas permanece um marco em nível de protótipo. A Lion planeja fabricar e testar células pouch, refinar os catalisadores e avaliar aplicações, incluindo drones. O desempenho comercial e a demanda por volumes significativos de PGMs ainda precisam ser estabelecidos. O trabalho é relevante para fornecedores da África Austral: a Valterra produz PGMs na África do Sul e no Zimbábue, enquanto a Platinum Group está desenvolvendo o projeto Waterberg na África do Sul.
há 23 horas
Sibanye chega a acordo salarial em East Boulder; greve separada nos EUA continua
01 Oct 2026 16:45 (GMT+8)
Sibanye chega a acordo salarial em East Boulder; greve separada nos EUA continua
Leia mais
Sibanye chega a acordo salarial em East Boulder; greve separada nos EUA continua
Sibanye chega a acordo salarial em East Boulder; greve separada nos EUA continua
[SMM PGM Flash] A Sibanye-Stillwater anunciou em 30 de setembro que os trabalhadores de sua mina de platina e paládio East Boulder, em Montana, ratificaram um acordo coletivo com o United Steelworkers. O acordo vigora retroativamente de 1º de agosto de 2026 a 31 de julho de 2029, com aumento salarial de 4,5% no primeiro ano, o maior entre 3,5% ou o IPC no segundo ano e o maior entre 3,0% ou o IPC no terceiro ano. A greve na mina separada de Stillwater East e na instalação metalúrgica de Columbus continua, informou a empresa. O acordo de East Boulder fixa parte da trajetória dos custos trabalhistas para o negócio de PGMs da Sibanye nos EUA e apoia sua transição planejada para uma mineração mais mecanizada e incentivos baseados em equipes. Isso não resolve a outra greve nem demonstra uma recuperação na produção; a empresa não divulgou nenhuma orientação de produção revisada neste comunicado.
01 Oct 2026 16:45 (GMT+8)