SMM Forecast for Platinum and Palladium Demand in 2023

[SMM Magnesium Market Analysis: Cost Support Struggles Against Weak Demand, Magnesium Market Consolidates at Lows in the Short Term, Upcoming Maintenance May Provide Periodic Price Support] In May 2026, magnesium prices moved sideways within a price range of 16,300-16,700 yuan/mt.

[SMM Tungsten Daily Review: Improved Trading Lifts Tungsten Market Volume and Prices, End-Use Demand Follow-Through Remains Key Focus for the Outlook] SMM June 3 report: The tungsten market posted steady gains this week, with related products across the industry chain rising across the board. Tungsten ore and APT markets recorded six consecutive days of increases. New orders from downstream powder enterprises began to gradually improve. Supported by increased trading volume and rising costs, powder enterprises successively raised their quoted prices. Downstream and end-user enterprises shifted from sporadic rigid-demand purchases to bulk purchasing, bullish sentiment grew increasingly strong, and price gains were concentrated in upstream raw materials and the APT segment, while deep-processed products passively rose following costs.

SMM, June 3 — According to customs data, China's cadmium telluride exports have risen for three consecutive months. After reaching 48 tonnes in February, export volumes climbed to 64 tonnes in March and further surged to 80 tonnes in April. Market participants noted that this increase in export volumes is well reflected in the persistently rising domestic tellurium prices.