Metal28m
Downstream demand is gradually shrinking, forcing suppliers to lower prices for sales. Overall trading is sluggish. [SMM South China Spot Copper]
Today, spot #1 copper cathode in Guangdong was quoted at a discount of 100 yuan/mt to parity against the front-month contract, with an average discount of 50 yuan/mt, down by 75 yuan/mt from the ...
Metal39m
Guangdong Zinc: Futures Market Rose Today, Trading Was Sluggish [SMM Midday Review]
Futures Market Rose Today, Sluggish Market Transactions] SMM, January 16: The mainstream transaction prices of Guangdong #0 zinc were 23,865-24,200 yuan/mt, with mainstream brands quoting a premium of ...
Metal45m
Ningbo Zinc: Fewer Quoting Traders, Spot Premiums Decline [SMM Midday Review]
Fewer Quoting Traders, Spot Premiums Decline] The transaction price of mainstream 0# zinc brands in the Ningbo market was around 24,125-24,390 yuan/mt. Conventional Ningbo brands quoted a premium of ...
Metal51m
Copper Prices Surge While SHFE/LME Price Ratio Weakens; Transaction Center for Forward B/Ls Declines [SMM Yangshan Spot Copper]
Currently, the actual transaction price for pyro high-quality copper warehouse warrants was $81/mt, mainstream pyro at $71/mt, and wet-process quotations were scarce; high-quality copper B/L was ...
Metal57m
SHFE Tin Prices Boosted by Macro Factors, May Remain in High-Level Consolidation [SMM Tin Midday Review]
Review: SHFE Tin Prices Boosted by Macro Factors, Likely to Maintain High-Level Consolidation] During today's daytime session, prices surged significantly, driven by overall support from the macro ...