News

Shanghai Metals Market10h
Phosphate Ore Capacity Expands Due to New Energy Demand, but Tight Balance in Supply and Demand May Persist
In the short term, the supply and demand of phosphate ore will remain in a tight balance, with prices supported by new energy ...
Shanghai Metals Market12h
Operating rates of copper pipe & tube producers further declined
The raw material inventory ratio of copper pipe & tube enterprises in July was 4.09%, up 0.10 percentage points MoM. Copper ...
Shanghai Metals Market10h
Market trading is sluggish, and producers' reluctance to budge on prices has increased [SMM magnesium ingot spot cargo bulletin]
SMM reported on August 7 that today, the ex-factory quotation for magnesium ingots in the Fugu area was 17,200-17,300 yuan/mt, with an average price of 17,250 yuan/mt, up 150 yuan from the previous ...
Shanghai Metals Market11h
Weak demand has led to increased inventory pressure, and the titanium dioxide market is operating under pressure [SMM Spot Titanium Report]
Weak Demand Leads to Increased Inventory Pressure, Titanium Dioxide Market Under Pressure] SMM reported on July 22 that today's rutile titanium dioxide was quoted at 11,500-12,000 yuan/mt, unchanged ...
Shanghai Metals Market11h
The price of high-grade NPI is expected to be generally stable with slight rise, and the discount against refined nickel may narrow
In July 2025, the average discount of high-grade NPI to refined nickel was 309.13 yuan per mtu, an increase of 28.59 yuan per ...
Shanghai Metals Market12h
[Brief Comment on Domestic Iron Ore Market] The price of iron ore concentrates in the Tangshan region may continue to fluctuate at highs
Iron ore concentrate prices in Tangshan region may continue to fluctuate at highs] Today, the domestic ore market in Tangshan rose slightly by 10-15. The current delivery-to-factory price for 66% ...
Shanghai Metals Market11h
Overseas macro and fundamentals continue to gain momentum, with SHFE zinc recording a five-day winning streak [SMM zinc futures brief comment]
Overseas macro and fundamentals continue to drive, SHFE zinc records five-day winning streak] The most-traded SHFE zinc 2509 contract opened at 22,480 yuan/mt. After the opening, bears reduced their ...
Shanghai Metals Market12h
The market price of cobalt chloride is 64,000 yuan/mt.
Currently, the market quote for cobalt chloride is 64,000 yuan/mt, with the actual transaction center stable around 63,000-63,500 yuan/mt. Market transaction sentiment has improved compared to WoW. On ...
Shanghai Metals Market11h
MMi Daily Iron Ore Report (August 7)
Today, Dalian iron ore futures fluctuated rangebound, with the most-traded contract I2509 closing at 793, down 0.25% for the day. Traders sold goods according to market conditions, while steel mills ...
Shanghai Metals Market12h
EMM prices remain stable, supported by firm costs [SMM EMM Daily Review]
The average spot price of EMM in its main production areas is 13,500-13,600 yuan/mt, unchanged MoM; the average FOB price is $1,890-$1,930/mt, unchanged MoM. From the supply side, EMM producers are ...
Shanghai Metals Market12h
The market impact is relatively small, and iron ore prices remain stable [SMM Commentary]
Today, Dalian iron ore futures fluctuated rangebound, with the most-traded contract I2509 closing at 793, down 0.25% for the day. Traders sold goods according to market conditions; steel mills ...
Shanghai Metals Market14h
Low imported copper prices attract buying interest, while limited domestic supply keeps premiums firm [SMM Shanghai spot copper]
[SMM spot copper] Inventory declined slightly during the week, mainly due to the digestion of imported supplies at low prices and limited domestic replenishment. It is expected that spot premiums will ...