Index
SMMI(Mar.30)
1,742(-6-0.3432%)
SMMI.PM(Mar.30)
2,042.96(-22.3-1.0798%)
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Rates
USD / RMB(Mar.30)
7.0917(+0.0194+0.2736%)
EUR / RMB(Mar.30)
7.8669(+0.0533+0.6821%)
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Products
Price Range
Avg
Change
Unit
Date
#1 Refined Cu
37,800-38,100
37,950
+1,310
RMB/mt
Mar 24, 2020
Aluminum Ingot
11,200-11,240
11,220
--
RMB/mt
Mar 24, 2020
#1 Lead
13,550-13,650
13,600
+225
RMB/mt
Mar 24, 2020
0# Zinc
14,770-14,870
14,820
+250
RMB/mt
Mar 24, 2020
#1 Tin Ingot
116,000-120,000
118,000
+500
RMB/mt
Mar 24, 2020
SMM #1 Nickel
91,900-93,900
92,900
-300
RMB/mt
Mar 24, 2020
T/C for Domestic Lead Concentrate
2,200-2,600
2,400
--
RMB/mt
Mar 1, 2020
T/C for Imported Lead Concentrate
160-180
170
--
USD/dmt
Mar 1, 2020
Refined Cobalt
244,000-258,000
251,000
-6,500
RMB/mt
Mar 24, 2020
Yangshan Copper Premium(Bill of Lading)
52-66
59
--
USD/mt
Mar 24, 2020
Yangshan Copper Premium(Warehouse Warrant)
55-68
61.5
--
USD/mt
Mar 24, 2020
Eighteen Chinese provinces target to build over 413,000 5G base stations in 2020
Eighteen provinces in China including Shandong and Anhui have rolled out plans to construct a total of more than 413,000 5G base stations this year, as China speeds up the investment in new infrastructure to bolster consumption amid the impact of coronavirus outbreak.
01:45PM Mar 30, 2020
China suspends exports of non-essential goods amid coronavirus lockdowns
SMM learned from several zinc alloy exporters that the export suspension is expected to last for one to two months.
12:23AM Mar 30, 2020
China's nickel supply to feel little impact from halt of Sumitomo's mine in Madagascar
The temporary suspension of the Ambatovy project may barely impact the near-term supply of nickel briquette supply in China. Nonetheless, it will increase China’s dependence on nickel briquette from other sources of imports such as Australia and South Africa, given current low inventories of such materials in China. 
11:40AM Mar 30, 2020
Malaysia launched anti-dumping probes on flat steel products
Malaysia has launched an antidumping investigation into flat-rolled products of non-alloy steel plated or coated with aluminum and zinc originating in or imported from China, South Korea and Vietnam.
11:03AM Mar 27, 2020
China to ramp up 5G network construction to revive economy 
This is in response to the central government’s call to build "new infrastructure" projects to counter the economic fallout due to the coronavirus and boost the country's economy in the long term. New infrastructure, different from traditional infrastructure construction such as railways, roads, and airports, can be understood as new public facilities serving the needs of new industrialisation. 
07:02PM Mar 26, 2020
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Zinc social inventories fell 3,000 mt over weekend
Zinc inventories in China continued to fall over the weekend, propelled by declines in east and north China where downstream consumers were keen to make purchases. SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei stood at 304,000 mt as of Monday March 30, down 3,000 mt from Friday March 27 and 20,000 mt from Monday March 23.
02:10PM Mar 30, 2020
Copper cathode inventories in Guangdong accelerated decline on weekend
Social inventories of copper cathode in south China’s Guangdong province accelerated their slide over the weekend after the stocks shrank for the third consecutive week as of March 27. 
01:08PM Mar 30, 2020
Primary aluminium inventories dipped 3,000 mt over the weekend
SMM data showed that stocks across eight consumption areas in China, including SHFE warrants, decreased 3,000 mt from last Thursday March 26 to 1.664 million mt as of Monday March 30.
11:32AM Mar 30, 2020
China silicon metal exports fell 9.4% YoY in January-February  
SMM expects China’s silicon metal exports to rebound in March as deliveries for short-term orders struck after the CNY holiday were mostly fulfilled in March.
10:35AM Mar 30, 2020
Macro Roundup (Mar 30)
The US dollar fell against a basket of currencies for a fourth straight day on Friday, posting its biggest weekly decline in four years, as trillions of dollars worth of stimulus efforts by governments and central banks during the coronavirus epidemic helped temper a rout in global markets.
08:59AM Mar 30, 2020
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Special Issues
Nickel ore export ban story
01:12:23PM Sep 3, 2019
2019 China secondary Cu Al Pb
01:24:30PM Jun 18, 2019
Copper scrap_Apr
02:13:50PM Apr 4, 2019
SMM 101-Yangshan Copper Premium
05:17:35PM Mar 22, 2019
Weekly Macro Report March 12 2019
06:09:54PM Mar 12, 2019
Weekly Macro Report March 5 2019
09:47:26AM Mar 5, 2019
Production report February 18 2019
08:59:15AM Feb 18, 2019
SMM Metal Macro Report
06:10:13PM Jul 11, 2018
Pair trading with SHFE
08:44:53AM Jul 10, 2018
Weekly Metal Macro Report
03:02:33PM Jul 2, 2018
Pair trading with SHFE zinc
03:02:03PM Jul 2, 2018
Weekly Metal Macro Report
03:01:28PM Jul 2, 2018
Read-through of SMM Monthly PMI
03:00:48PM Jul 2, 2018
SMM Weekly Metal Macro Report
03:00:03PM Jul 2, 2018
Pair trading with SHFE Zinc
02:59:17PM Jul 2, 2018
Pair trading with SHFE Zinc
02:55:29PM Jul 2, 2018
SMM Quantitative Trading Strategy
02:15:26PM Jul 2, 2018
SMM Quantitative Trading Strategy
02:13:46PM Jul 2, 2018
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Publications
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.
Besides, over 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.
China Aluminum Industry ChainChina Steel PMIChina Rare Earth
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2019 SMM London Metals Seminar
2019 SMM London Metals Seminar
Oct 29, 2019
London, England
China International Industry Fair New Materials Forum
China International Industry Fair New Materials Forum
Sep 19 - 20, 2019
Shanghai·China
9th Secondary Lead-acid Battery Industry Summit
9th Secondary Lead-acid Battery Industry Summit
Aug 22 - 23, 2019
Nangchang·China
6th SMM seminar with Bloomberg
SMM's metals seminar during Singapore Iron Ore Week, at the Fullerton Hotel set a big success. In fact, the event marked the launch of SMM’s new price index business – MMi – and feature industry leaders and experts addressing the hottest issues facing th
May 22, 2018
Singapore