The 2025 2nd SMM Southeast Asia Automotive Supply Chain Conference was successfully held, featuring the on-site launch of 10 new car models, Southeast Asia brand strategies from three automakers, and SMM's local steel prices in Thailand. The event facilitated efficient matchmaking between 12+ buyers and 60+ suppliers, and preliminarily established a communication platform for the entire industry chain of Southeast Asian automotive. Currently, the NEV industry in Southeast Asia is entering a critical development phase. Thailand, Indonesia, and Vietnam each have their own strategic layouts and breakthroughs, while the industry also faces challenges such as supply chain restructuring, competition over technology roadmaps, and localization compliance. Thanks to the support of all parties, SMM's local pricing systems in Thailand and Indonesia have been implemented and adopted by core enterprises, establishing a credible cost benchmark for the industry. The 2026 3rd Conference will focus on three core themes: exploring the NEV auto sales potential in Southeast Asia; connecting the last mile of the supply chain and integrating regional industry chain resources; and advancing SMM's Southeast Asia metal pricing from a price reference to a transaction benchmark, implementing electrification material procurement applications, and establishing an executable pricing system. We firmly believe that true progress comes from turning consensus into action. At this conference, BEST cordially invites you to gather again in Bangkok to transform strategic blueprints into market competitive advantages, to witness and participate in this extraordinary and far-reaching industry event, and to co-create a brilliant new chapter! Click the to register now. Booth No.: B04 BEST was established in 1997 and listed on the ChiNext Board of the Shenzhen Stock Exchange in 2017. As a national high-tech enterprise with 1,400 employees, it has been deeply engaged in the precision manufacturing field for nearly 30 years. Its three core businesses include: precision parts for traditional automobiles, high-end tooling and fixtures, and intelligent equipment; core components for NEVs, hydrogen fuel cells, energy storage, and liquid cooling for computing centers; and high-precision linear motion functional components for industrial machine tools and humanoid robots. Wuxi Best Precision Machinery Co., Ltd., established in 1997 and listed on the Shenzhen in 2017, is a national high-tech enterprise with 1,400 employees. It has been deeply involved in the precision manufacturing field for nearly 30 years. Its main businesses include three core areas: precision parts for traditional automobiles, high-end tooling and fixtures, and intelligent equipment; core components for new energy vehicles, hydrogen fuel cells, energy storage, and liquid cooling for computing centers; and high-precision linear motion functional components for industrial machine tools and humanoid robots. The company has three major production sites in Wuxi, Anhui, and Thailand, achieving large-scale R&D and mass production. It possesses a fully vertical industry chain encompassing mold making, casting, and machining, with annual revenue exceeding 1.5 billion yuan. Its clients include globally renowned enterprises such as Garrett, Cummins, and BMW. In 2024, it established BYH New Technology Co., Ltd. in the AMATA Industrial Park (Phase II) in Chonburi, Thailand, covering an area of 80,000 m², specializing in precision casting and machining. The company has three major production sites in Wuxi, Anhui, and Thailand, achieving large-scale R&D and mass production. It possesses a fully vertical industry chain encompassing mold making, casting, and machining, with annual revenue exceeding 1.5 billion yuan. Its clients include globally renowned enterprises such as Garrett, Cummins, and BMW. In 2024, it established BYH New Technology Co., Ltd. in the AMATA Industrial Park (Phase II) in Chonburi, Thailand, covering an area of 80,000 m², specializing in precision casting and machining. Main Products Leveraging its mature processes, comprehensive quality control, and intelligent workshops, the company provides customized products and intelligent manufacturing solutions. It sincerely invites clients from all sectors to discuss cooperation and achieve win-win development! Leveraging its mature processes, comprehensive quality control, and intelligent workshops, the company provides customized products and intelligent manufacturing solutions. It sincerely invites clients from all sectors to discuss cooperation and achieve win-win development! Contact Contact Contact Us Wu Chaojun wuchaojun@smm.cn
May 31, 2026 17:26Today, SMM's pricing for SGE Ag(T+D) at 10:00 was 18,792 yuan/kg, with premiums quoted at TD -30 to -10 yuan/kg, averaging -20 yuan/kg. Precious metals futures stopped falling and rebounded slightly today, with the pace still following the back-and-forth of US-Iran tensions and US Treasury yield fluctuations. Spot market side, suppliers of national-standard silver ingots posted mainstream quotations at discounts of 30 yuan/kg to 10 yuan/kg against TD. Most suppliers in Shanghai quoted discounts unchanged from yesterday. Some suppliers reported that heavy trading yesterday afternoon left them with less spot inventory, so they held prices firm; some delivery brand silver ingot suppliers also quoted at parity and held back from selling with a wait-and-see attitude, but transactions were difficult. The market reported that after yesterday's recovery in trading, consumption returned to sluggish levels today, with the transaction center skewing toward the lower end of quotations. Non-delivery brands in Shenzhen maintained large discounts deviating from mainstream quotations, while investment demand recovered somewhat as silver prices declined in recent days. Overall, spot market activity was relatively low today.
May 19, 2026 11:38The 2025 2nd SMM Southeast Asia Automotive Supply Chain Conference was successfully held, featuring the release of 10 new car models, Southeast Asia brand strategies from three automakers, and SMM's local steel prices in Thailand. The event facilitated efficient matchmaking between 12+ buyers and 60+ suppliers, and preliminarily established a communication platform for the entire industry chain of Southeast Asian automotive. Currently, the NEV industry in Southeast Asia is entering a critical development phase. Thailand, Indonesia, and Vietnam each have their own strategic layouts and breakthroughs, while the industry also faces challenges such as supply chain restructuring, competition over technology roadmaps, and localization compliance. Thanks to the support from all parties, SMM's local pricing systems in Thailand and Indonesia have been implemented and adopted by core enterprises, establishing a credible cost benchmark for the industry. The 2026 3rd Conference will focus on three core themes: exploring the NEV auto sales potential in Southeast Asia; connecting the last mile of the supply chain and integrating regional industry chain resources; and advancing SMM's Southeast Asia metal pricing from a price reference to a transaction benchmark, implementing electrification material procurement applications, and establishing an executable pricing system. We firmly believe that true progress comes from turning consensus into action. At this conference, Shenzhen Jinhelian Technology Co., Ltd. - UNIND sincerely invites you to gather again in Bangkok, to jointly transform strategic blueprints into market competitive advantages, to witness and participate in this extraordinary and far-reaching industry event, and to create a brilliant new chapter together! Click the to register now. Powering and Roads Ahead UNIND is a one-stop manufacturing partner for automotive stamping parts. Beyond the press itself, we operate a fully integrated in-house post-processing chain — deburring, sizing, heat treatment, surface coating, cleaning, and final inspection — delivering parts that are ready to assemble the moment they reach our customers' lines. Operating from a fully-equipped facility in Vietnam and backed by Union Industry's global supply network, UNIND serves automotive Tier 1s across Southeast Asia and beyond, with quality systems trusted by Sensata, Eberspächer, ITT, Stellantis, ZF, DRiV and ELDOR. Process Process Integrated Automotive Stamping Parts Solutions INTEGRATED AUTOMOTIVE STAMPING SOLUTIONS Stamping → Deburring → Sizing → Heat Treatment → Surface Coating → Cleaning → Inspection → Packaging & Delivery Clients We Work With Customer We Work With Contact Contact Shirley Wang M: +86 18573109058 E: shirley.wang@unindasia.com Contact Us Yan Caowei 15618581967 yancaowei@smm.cn
May 18, 2026 13:38Today, SMM's 10:00 AM pricing for the SGE Ag(T+D) was 18,351 yuan/kg, with premiums ranging from TD -30 to -10 yuan/kg, averaging -20 yuan/kg. Precious metals futures remained under pressure today. Heating rate hike expectations drove a sharp decline in precious metals, compounded by easing tariff concerns and a pullback in strategic resource premiums, leading to a significant intraday drop in silver. Spot market, suppliers of GB-standard silver ingots posted mainstream quotations at premiums of -30 to -10 yuan/kg against TD. Although mainstream discount quotations narrowed slightly amid the sharp futures decline, market transactions showed no improvement, with the trading center still clearly skewed toward the lower end of quotations. Some suppliers reported that transactions for GB-standard silver ingots remained extremely difficult even at the lower end of quotations, as downstream restocking willingness was limited and involution among numerous spot market offers continued. In the Shenzhen area, non-delivery brand quotations maintained large discounts deviating from mainstream quotations, while investment demand recovered slightly. The overall spot market remained sluggish today.
May 18, 2026 11:45NBS: In April 2026, among the 70 large and medium-sized cities, selling prices of commercial residential properties in first-tier cities rose MoM, while MoM declines in second- and third-tier cities narrowed or remained the same as the previous month. The number of cities where selling prices of newly built commercial residential properties rose or remained flat MoM increased from the previous month. In April, selling prices of newly built commercial residential properties in first-tier cities rose 0.1% MoM, with the increase pulling back 0.1 percentage points from the previous month. Among them, Shanghai, Guangzhou, and Shenzhen rose 0.4%, 0.1%, and 0.1% respectively, while Beijing fell 0.2%.
May 18, 2026 10:05NBS: In April, the selling price of newly built commercial residential properties in first-tier cities fell 2.1% YoY, with the YoY decline narrowing by 0.1 percentage point from the previous month. Among them, Shanghai rose 3.7%, while Beijing, Guangzhou, and Shenzhen fell 2.3%, 4.4%, and 5.3%, respectively. The selling price of newly built commercial residential properties in second-tier cities fell 3.3% YoY, with the YoY decline unchanged from the previous month. The selling price of newly built commercial residential properties in third-tier cities fell 4.1% YoY, with the YoY decline widening by 0.1 percentage point. 、
May 18, 2026 10:04