Shanghai Metals Market

SHFE tin prices opened slightly higher in the night session and hovered at highs. Trading in the spot market recovered. [SMM Tin Morning News]

SHFE tin prices opened slightly higher in the night session and hovered at highs. Trading in the spot market recovered. [SMM Tin Morning News] ...
Shanghai Metals Market

LME drives SHFE to weaken, SHFE zinc center declines [SMM zinc morning comment]

SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2602 contract opened at 23,005 yuan/mt. At the beginning of the session, SHFE zinc briefly rose to touch a high of 23,025 yuan/mt, then ...
Shanghai Metals Market

LME to Introduce New Open Interest Limit Rules Overnight LME Copper Fluctuated and Closed Lower [SMM Copper Morning Meeting Minutes]

LME copper opened at $11,629/mt overnight. The center of copper prices gradually moved higher initially, touching a high of $11,683/mt, then fluctuated downward to a low of $11,585/mt, followed by ...
Shanghai Metals Market

LME zinc inventory buildup surged, LME zinc weakened [SMM Morning Meeting Minutes]

LME Zinc Inventory Buildup and Price Decline] Overnight, the LME zinc contract opened at $3,085/mt. Initially, it briefly rose to a high of $3,098.5/mt, but as bulls reduced their positions, zinc ...
Shanghai Metals Market

LME lead and SHFE lead both opened lower with a gap, continuing to fluctuate at lows [SMM Lead Morning Brief]

Overnight, LME lead opened lower with a gap at $1,946.5/mt. During the Asian session, it moved rangebound along the daily average line. Entering the European session, after briefly rising, LME lead ...
Shanghai Metals Market

Lead Industry Chain Faces Weak Supply and Demand, Downstream Purchase Willingness Remains Low [SMM Lead Morning Meeting Minutes]

Overnight, the most-traded SHFE lead 2601 contract opened lower with a gap at 16,825 yuan/mt, briefly rose above the daily moving average and fluctuated rangebound at the beginning of the session ...