Base metal stocks Articles

SHFE Base Metals Warrants (2017-9-13)

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - The table below shows warrants of base metals on the SHFE on September 13. On Warrant (tonne) Sept. 13ChangeCopper71,145+6,702Aluminum472,526+6,367Lead8,984-751Zinc21,859+175Tin8,899-76Nickel52,706-706The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of inform...Read More

SHFE Base Metals Warrants (2017-9-13)

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - The table below shows warrants of base metals on the SHFE on September 13. On Warrant (tonne) Sept. 13ChangeCopper71,145+6,702Aluminum472,526+6,367Lead8,984-751Zinc21,859+175Tin8,899-76Nickel52,706-706The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of inform...Read More

SHFE Base Metals Warrants (2017-9-13)

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - The table below shows warrants of base metals on the SHFE on September 13. On Warrant (tonne) Sept. 13ChangeCopper71,145+6,702Aluminum472,526+6,367Lead8,984-751Zinc21,859+175Tin8,899-76Nickel52,706-706The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of inform...Read More

SHFE Market Movement (2017-09-13

Sep 13 2017 / Staff reporter

SHANGHAI,Sep.13(SMM) - The following table is base metals movement on the SHFE market on Sep.13 2017. ContractOpenHighLowCloseSettleCh1Ch2VolumePositionChangeAl17091640016530163351635016450-595433051610-1210Al1710164651667016380164701655508553854124874-6114Al17111650516780165051656016655-15804683124158562650Al171216635168801660516670167601010018520022234415916Cu1709510005128050820508505...Read More

COMEX Copper Inventories (2017-9-12)

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) -The table below shows copper inventories on the COMEX on September 12.SHFE Base Metals Warrants (2017-9-13) Inventories (tonne) Sept.12Sept.11Copper189,039188,515LME Base Metals Inventories (2017-9-13)The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of informa...Read More

SHFE Market Movement (2017-09-13

Sep 13 2017 / Staff reporter

SHANGHAI,Sep.13(SMM) - The following table is base metals movement on the SHFE market on Sep.13 2017. ContractOpenHighLowCloseSettleCh1Ch2VolumePositionChangeAl17091640016530163351635016450-595433051610-1210Al1710164651667016380164701655508553854124874-6114Al17111650516780165051656016655-15804683124158562650Al171216635168801660516670167601010018520022234415916Cu1709510005128050820508505...Read More

SHFE Market Movement (2017-09-13

Sep 13 2017 / Staff reporter

SHANGHAI,Sep.13(SMM) - The following table is base metals movement on the SHFE market on Sep.13 2017. ContractOpenHighLowCloseSettleCh1Ch2VolumePositionChangeAl17091640016530163351635016450-595433051610-1210Al1710164651667016380164701655508553854124874-6114Al17111650516780165051656016655-15804683124158562650Al171216635168801660516670167601010018520022234415916Cu1709510005128050820508505...Read More

Jinchuan Group Increases Nickel Price by 1,500 yuan on Sept. 13

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Jinchuan Group raised nickel ex-works price by 1,500 yuan per tonne on Wednesday.After the rise, ex-works price was up to 92,500 yuan per tonne (nickel plate), and 93,700 yuan per tonne (small ones, in barrel), respectively. The price was lower than spot offers of Jinchuan nickel as SHFE nickel traded lower after 10:00.For news cooperation, please contact us by email: sa...Read More

Big Chance for China to Hike Refined Oil Prices on September 15

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - China will probably slightly hike refined oil prices on September 15 due to recent rise in crude oil prices in international market, several monitoring institutions predict. Profit margin might continue shrinking at filling stations. The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reli...Read More

Big Chance for China to Hike Refined Oil Prices on September 15

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - China will probably slightly hike refined oil prices on September 15 due to recent rise in crude oil prices in international market, several monitoring institutions predict. Profit margin might continue shrinking at filling stations. The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reli...Read More

Shanghai Spot Copper Trades at Premiums over SHFE Current-Month Copper Contract

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Spot copper in China's Shanghai market traded at premiums of 40-80 yuan per tonne over SHFE current-month copper on Wednesday, according to SMM data. Standard-quality copper traded between 51,080-51,260 yuan per tonne, and high-quality copper traded at 51,100-51,280 yuan per tonne. For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn...Read More

SHFE 3-Month Lead Surges over 3% after Opening, Iron Ore ups over 2%

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - After opening of September 13, SHFE 3-month lead surged over 3%, and DCE iron ore contract rose over 2%.SHFE nickel and ZCE Si-Mn alloy increased over 1%. SHFE rebar, zinc, aluminum, rubber, hot-rolled coil, gold and DCE coke, glass, coal increased. SHFE copper, ZCE ferrosilicon and DCE coking coal fell. The article is edited by SMM and is provided for information purpo...Read More

SHFE 3-Month Lead Surges over 3% after Opening, Iron Ore ups over 2%

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - After opening of September 13, SHFE 3-month lead surged over 3%, and DCE iron ore contract rose over 2%.SHFE nickel and ZCE Si-Mn alloy increased over 1%. SHFE rebar, zinc, aluminum, rubber, hot-rolled coil, gold and DCE coke, glass, coal increased. SHFE copper, ZCE ferrosilicon and DCE coking coal fell. The article is edited by SMM and is provided for information purpo...Read More

Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Morgan Stanley reckons fundamentals are not good enough to leave copper prices above $6,600 per tonne.SMM Releases Copper PMI in August and September ForecastForeign trade for copper remains sluggish this year. Despite improvement in economic activities in September, construction and public investment slowed.Goldman Sachs Sees Copper Price Fall in 6-12 MonthsLME copper r...Read More

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 11-15, 2017)

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Base metals advanced early last week, but tumbled in late week. This week, prices are expected to fall initially and then rise. LME 3-M (USD/mt)SHFE 3-M (RMB/mt)Copper6,700-6,87051,000-52,500Aluminum2,065-2,11515,600-16,200Zinc3,050-3,15024,000-25,000Lead2,260-2,33018,500-19,050Tin20,500-20,900143,000-146,500Nickel11,750-12,30091,500-96,000For news cooperation, please co...Read More

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 11-15, 2017)

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Base metals advanced early last week, but tumbled in late week. This week, prices are expected to fall initially and then rise. LME 3-M (USD/mt)SHFE 3-M (RMB/mt)Copper6,700-6,87051,000-52,500Aluminum2,065-2,11515,600-16,200Zinc3,050-3,15024,000-25,000Lead2,260-2,33018,500-19,050Tin20,500-20,900143,000-146,500Nickel11,750-12,30091,500-96,000For news cooperation, please co...Read More

Big Chance for China to Hike Refined Oil Prices on September 15

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - China will probably slightly hike refined oil prices on September 15 due to recent rise in crude oil prices in international market, several monitoring institutions predict. Profit margin might continue shrinking at filling stations. The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reli...Read More

Losses for Russian Nickel Imports Narrow, SMM Reports

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Losses for Russian nickel imports showed signs of narrowing over the past trading days of the week, Shanghai Metals Market survey finds. Last week, losses for Russian nickel imports averaged around 1,019 yuan per tonne, up 420 yuan per tonne on a weekly basis. Trading sentiment in the imported market was extremely low over the period. Some traders offered premiums of Rus...Read More

Chile Copper Exports Rise to 6-Month High in July, Escondida Copper Output Jumps

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - Cochilco reported Chile's copper exports surged in July.Morgan Stanley: Fundamentals Not Good Enough to Keep Copper Price above $6,600The country's copper exports increased 5.5% year-on-year in July to the highest over the past 6 months.SMM Releases Copper PMI in August and September ForecastEscondida's copper output grew 16% year-on-year in July.The article is edited by...Read More

SHFE 3-Month Lead Surges over 3% after Opening, Iron Ore ups over 2%

Sep 13 2017 / Staff reporter

SHANGHAI, Sept. 13 (SMM) - After opening of September 13, SHFE 3-month lead surged over 3%, and DCE iron ore contract rose over 2%.SHFE nickel and ZCE Si-Mn alloy increased over 1%. SHFE rebar, zinc, aluminum, rubber, hot-rolled coil, gold and DCE coke, glass, coal increased. SHFE copper, ZCE ferrosilicon and DCE coking coal fell. The article is edited by SMM and is provided for information purpo...Read More