News

Shanghai Metals Market6m
SHFE Tin Prices Continue to Rebound, Spot Market Trading Pace Slows Down [SMM Tin Midday Review]
Review: SHFE Tin Prices Continue to Rebound, Spot Market Trading Pace Slows Down. In the morning session, the most-traded SHFE tin 2505 contract continued its rebound, quickly rising after opening, ...
Shanghai Metals Market21m
LME copper inventories dropped to a nearly nine-month low, while SHFE copper inventories hit a more than two-month low.
The latest data from the Shanghai Futures Exchange revealed that SHFE copper inventories continued to decline in the week ending April 11, with weekly inventories decreasing by 18.96% to 182,941 mt, ...
Shanghai Metals Market1h
CRRC Zhuzhou Institute Participates in Net Zero MEA 2025, Showcasing Cutting-Edge BESS Technologies in High-Level Panel
CRRC Zhuzhou Institute joined a thought-provoking panel on Maximizing Flexibility and Grid Resilience: Integrating ...
Shanghai Metals Market1h
US Bonds and US Dollars Lose Their Luster, Goldman Sachs Raises Year-End Gold Price Forecast to $3,700
In addition to Goldman Sachs, UBS also continued to raise its gold price forecast, with a target price of $3,500 per ounce. It pointed out that declining demand for US Treasuries and the US dollar ...
Shanghai Metals Market1h
Major Favorable News Falls Through? Trump Changes His Mind Again: No Exceptions to Tariffs! Electronic Products Still Face Tariffs
This latest statement has further added to the confusion over Trump's tariff policies. In the past two weeks, Trump's tariff policies have changed multiple times. Democratic lawmakers stated on Sunday ...
Shanghai Metals Market2h
Bridgewater's Dalio Criticizes Trump's Tariffs: Could Lead to Consequences Worse Than an Economic Recession!
Billionaire investor and founder of Bridgewater Associates, the world's largest hedge fund, Ray Dalio recently stated that the tariff policies of US President Donald Trump could trigger an economic ...
Shanghai Metals Market2h
On April 14, the central parity rate of the RMB in the interbank foreign exchange market was 7.2110 yuan per US dollar.
The People's Bank of China authorized the China Foreign Exchange Trade System to announce that on April 14, 2025, the central parity rate of the RMB in the interbank foreign exchange market was 7.2110 ...
Shanghai Metals Market1h
A steady start! China's import and export of goods in Q1 this year reached 10.3 trillion yuan, an increase of 1.3%.
AM on April 14, the State Council Information Office held a press conference to announce the import and export situation for Q1 this year. According to customs statistics, China's total import and ...
Shanghai Metals Market2h
The implementation of Indonesia's nickel PNBP policy may lead to an upward correction in nickel prices. [Institutional Commentary]
As of April 11, the closing price of the most-traded SHFE nickel contract was 121,300 yuan/mt. Nickel prices rebounded from an oversold position during the week, with a 4.74% decline compared to the ...
Shanghai Metals Market2h
SMM Rare Earth Morning Meeting Summary: Trading of Rare Earth Oxides Remains Sluggish, Market in a Wait-and-See Mode
Supply and Demand: According to the survey, most metal manufacturers currently quote based on corresponding oxides, while downstream magnetic material enterprises show low purchasing enthusiasm, ...
Shanghai Metals Market2h
US Consumer Confidence Continued to Deteriorate in April, Inflation Expectations Soared to Levels Unseen in Decades
As Trump's policies caused global turmoil, US consumer confidence data in April fell to the second lowest level on record, while short-term and long-term inflation expectations also surged to ...
Shanghai Metals Market2h
Macro disturbances combined with Indonesian policies may lead to fluctuating nickel prices [Institutional Commentary]
Macro side, US tariff shocks impacted the commodity sector, with nickel and stainless steel under downward pressure. Refined nickel: Macro shocks led to nickel prices being under pressure, but the ...