Metals market: As of midday close, the base metals in the domestic market were generally lower. Shanghai lead and Shanghai zinc rose slightly, and the increase was within 0.5%. Shanghai copper, Shanghai aluminum, and Shanghai nickel all fell, and the decline was within 0.6% (inclusive).

SMM, April 20: Metal market: Overnight, base metals rose across the board, with Shanghai tin up 5.48% and Shanghai nickel up 3.85%. Shanghai copper rose 1.39%, the highest intraday rose to 80,170 yuan / ton, a new high since May 2006. Shanghai aluminum rose 0.47%, and Shanghai zinc rose 0.88%. Shanghai lead rose 1.22%. Alumina fell 1.19%. 》

Stainless steel: The spot market is weak. This round of price decline is due to the poor performance of market demand, and futures fall. The social inventory is high, so that some traders who ship goods in advance.

In the US dollar continued to fall and metal prices rose, with lithium carbonate increasing by 3.39% and European shipping futures falling by 4.88%. The decline of the US dollar led to a rise in metal futures, with Shanghai zinc, aluminum, and lead prices increasing. Additionally, black metal products and LME metals saw an increase in prices. European shipping futures continued to fall, and there are concerns about the supply of ferro-nickel raw materials for stainless steel. The overall resumption of work in the lithium carbonate market has been slow after the Chinese New Year, with market demand expected to gradually warm up in the second quarter. The US dollar index continued to fall, with expectations for a rate cut by the Federal Reserve in March decreasing. US and Brent oil prices rose, with the focus on OPEC's production policies for the next quarter in early March. The recent geopolitical tensions and new sanctions on Russia have also impacted the oil market.

Metals market: As of midday close, base metals in the domestic market rose almost across the board. Shanghai nickel rose 4.1%, and Shanghai aluminum rose slightly. Shanghai tin fell 1.17%. Shanghai copper, Shanghai zinc and Shanghai lead all rose within 0.3%. The main alumina futures rose 2.08%. The main industrial silicon contract rose 0.6%. The main lithium carbonate futures contract rose 2.72%. The black series is mostly red, and the iron ore rose 0.89%. Thread and hot coil rose slightly, and stainless steel rose 1.34%. In terms of double coke, coking coal fell 0.31% and coke fell 0.21%. In terms of external metals, as of 11:42, LME metals were mixed. London zinc and London nickel rose slightly, London aluminum rose 0.45%, London lead, London tin, and London copper all fell slightly, and the decline was within 0.3%. In terms of precious metals, as of 11:42, COMEX gold rose 0.19%, and COMEX silver fell 0.04%. In terms of domestic precious metals, as of noon close, Shanghai gold fell 0.02%, and Shanghai silver fell 0.42%. Gold prices are set to post weekly gains, supported by a weaker dollar and safe-haven buying this week. Conflict in the Middle East has also boosted gold's safe-haven appeal. In addition, as of noon closing, the main futures of European line container shipping were reported at 2048 points, up 0.5%

Metals market: As of midday close, base metals fell across the board. Shanghai tin fell 2.08%, Shanghai nickel fell 1.59%, Shanghai copper, Shanghai zinc, Shanghai aluminum and Shanghai lead fell within 1%. The main alumina futures fell 1.1%. The main industrial silicon contract fell 0.11%. The main lithium carbonate futures contract rose 0.3%. The black system is mostly green, the iron ore is flat at 949 yuan / ton, the thread rises slightly, and the hot coil and stainless steel fall slightly. In terms of double coke, coking coal and coke both fell within 0.6%. In terms of external metals, as of 11:39, LME metals fell across the board. London zinc fell 1.59%, London tin fell 1.04%, London aluminum, London nickel, London lead and London copper fell within 0.8%. In terms of precious metals, as of 11:39, COMEX gold fell 0.28% and COMEX silver fell 0.75%. In terms of domestic precious metals, as of the close at noon, Shanghai gold fell 0.25%, and Shanghai silver fell 1.07%. In addition, as of noon closing, the main futures of European line container shipping were reported at 1791 points, up 2.98%.