Shanghai Metals Market

[SMM Nickel Midday Review] On January 6, the nonferrous metals sector saw a collective surge in bullish sentiment, with nickel prices rising by over 5,000 yuan/mt in a single day.

The most-traded SHFE nickel 2602 contract saw a strong rally in nickel prices during the morning session, with a single-day increase of over 5,000 yuan/mt, touching 140,000 yuan/mt. The closing price ...
Shanghai Metals Market

The most-traded SHFE tin contract rebounded strongly, with geopolitical factors boosting sentiment, but high prices suppressed spot tin transactions. [SMM Tin Midday Review]

The Most-Traded SHFE Tin Contract Rebounds Strongly, Geopolitical Factors Boost Sentiment but High Prices Suppress Spot Tin Transactions] ...
Shanghai Metals Market

Copper Prices Rise Amid Weak Trading, Supply-Demand Dynamics Remain Weak [SMM North China Spot Copper]

In North China, spot #1 copper cathode prices against the front-month contract were at a discount of 350-250 yuan/mt, with an average discount of 300 yuan/mt, down 100 yuan/mt from the previous ...
Shanghai Metals Market

Platinum Prices Fluctuate Upward, Spot Market Trading Relatively Sluggish [SMM Daily Review]

In early trading, platinum prices fluctuated upward, with the most-traded contract closing at 620.7 yuan per gram, up 6.69%. Domestic spot platinum against the GFEX pt2606 contract widened to a ...