Copper prices fluctuated widely after delivery of SHFE 1611 copper last week. Cargo holders thus liquidated stocks actively to avoid risk, with severe oversupply.
Over this past week, base metals fell across the board after surging in a very short time. Chinese yuan remains on its downward track, while the US dollar has gained rising momentum especially after h
Steel prices in domestic market fell back this past week. As of November 18, the average price of rebar nationwide was down RMB 3,109/mt from November 14 to RMB 2,923/mt,
According to SMM source, Angang made the adjustment of December ex-works prices. Prices were up RMB 600/mt for Common Cold-Rolled Products, Prices were up RMB 500/mt for Hot-Galvanized Products and
LME zinc hit the highest from February 2011 last week, and SHFE 1701 zinc closed the week at above RMB 20,800/mt, the highest since October 2010.
Focused on China's non-ferrous base metal market, SMM has more than 50 professional industry analysts in copper, aluminum, lead, zinc, nickel, tin and minor metals, and are committed to providing in-depth, professional, as well as timely reports and research. There are also over 100 staff dedicated to collecting data and conducting surveys in the downstream industries, in an effort to reflect an objective and actual downstream demand. The related reports include China Base Metal Briefing (weekly), and a series of Annual Industry Analysis Reports, with products involved Copper, Aluminum, Lead, Zinc, Nickel, Silicon, etc.
Besides, SMM has more than 80 steel professionals engaged in China's steel industry. They have been working on the weekly report China Steel Briefing, the monthly report China Steel PMI-Monthly, a survey of steel downstream
[Mar 31, 2016]SMM will hold the 2nd Antimony Product Trading Summit in China in...
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