2011results found for 'negotiation'
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- High-Grade NPI Prices Stable Amid Supply Support and Demand Pressure
[SMM Nickel Flash] Supply side, cost support was evident, and most pig iron plants kept quotations at high levels, but under pressure from steel scrap and the end-user market, some traders' quotations came under pressure. Demand side, high-content NPI remained in short supply, and premiums between grades were obvious. Overall, amid back-and-forth negotiations between upstream and downstream, high-grade NPI prices were flat.
Mar 31, 2026 13:51 - [NPI Daily Review] Back-and-Forth Negotiations Between Upstream and Downstream for High-Grade NPI, Prices Held Steady While Grade Premiums Remained High
[SMM Daily Review: Back-and-Forth Negotiations Between Upstream and Downstream in High-Grade NPI, Prices Held Flat While Grade Premiums Remained High] March 31 News: SMM's upstream sentiment factor for high-grade NPI was 2.78, down 0.05 MoM, while the downstream sentiment factor for high-grade NPI was 1.54, flat MoM.
Mar 31, 2026 11:51 - Deep-Sea Mining Refining Project Planned for the US; Overnight LME Copper Closed Higher, SHFE Copper Edged Lower [SMM Copper Morning Meeting Summary]
SMM Morning Meeting Summary: Overnight, LME copper opened at $12,223/mt. In early trading, it saw wide swings and climbed to $12,278/mt. Subsequently, the center of copper prices moved straight downward to a low of $12,153.5/mt, before fluctuating widely again and finally closing at $12,195/mt, up 0.44. Trading volume reached 15,300 lots, and open interest stood at 295,000 lots, down 454 lots from the previous trading day. Overnight, the most-traded SHFE copper 2605 contract opened at 96,100 yuan/mt and hit a high of 96,240 yuan/mt in early trading. Subsequently, the center of copper prices gradually moved lower to 95,210 yuan/mt, before fluctuating rangebound and finally closing at 95,350 yuan/mt, down 0.05. Trading volume reached 36,500 lots, and open interest stood at 183,000 lots, down 2,394 lots from the previous trading day, mainly due to bulls reducing positions.
Mar 31, 2026 09:10 - Macro and Fundamental Bullish and Bearish Factors Coexist, Lead Prices May Continue to Consolidate in the Short Term [SMM Lead Morning Meeting Minutes]
[SMM Lead Morning Meeting Summary: Macro Factors and Fundamentals Present Both Bullish and Bearish Signals, and Lead Prices May Continue to Consolidate in the Short Term] Fed Chairman Powell released dovish signals, and the market once again bet on the possibility of an interest rate cut within the year. Recently, production at primary lead and secondary lead smelters has resumed, supply has been relatively ample, and imported lead has continued to flow into China...
Mar 31, 2026 09:00 - Dovish Remarks From the US Fed Drove Zinc Prices Higher [SMM Morning Meeting Summary]
[SMM Morning Meeting Summary: Dovish Remarks by the US Fed Drove Zinc Prices Higher] Overnight, LME zinc recorded a bullish candlestick, with the 20-day daily average above acting as resistance. Overnight, dovish remarks by the US Fed boosted market sentiment, while LME Cash-3M shifted to a backwardation structure......
Mar 31, 2026 08:56 - [SMM Hot Topic] April Hot-Rolled Coil Prices May Rise First and Then Weaken
As of March 30, the closing price of the most-traded HRC futures contract was 3,307. In March, the SMM national average spot price for HRC was 3,265.93 yuan/mt, with the monthly average price up 0.72% MoM.
Mar 30, 2026 16:51
Announcements
Against this backdrop, SMM will begin publishing the US Midwest DDP aluminum premium starting February 27, 2026. Through daily market communication, SMM will introduce ......
PriceFeb 13, 2026 15:04- Price[SMM Announcement] on publishing Copper grade A cathode premium, cif Rotterdam on February 24, 2026
Shanghai Metals Market (SMM) officially launched the Copper grade A cathode premium, cif Rotterdam, USD/(tonne) on February 24th, 2026.
PriceFeb 11, 2026 10:00 Dear User, As a key intermediate product in the lithium industry chain, lithium sulfate serves as a primary raw material for producing core lithium chemicals such as battery-grade lithium carbonate and battery-grade lithium hydroxide. Its supply and price influence the costs of downstream lithium battery materials and market operations. Currently, the lithium sulfate market lacks open and transparent representative price references. International trade and procurement pricing largely rely on bilateral negotiations, leading to issues such as information asymmetry and delayed price transmission. With lithium sulfate production from African lithium producers, represented by the Zimbabwe region, commencing and gradually entering the market, SMM has compiled and launched the " Africa Lithium Sulfate (CIF China) Price " to promote standardized and transparent pricing for African lithium sulfate and enhance the efficiency of the industry chain. This price aims to objectively reflect the market conditions of African lithium sulfate arriving at main Chinese ports. It will provide a reliable price benchmark for producers, traders, downstream enterprises, and financial institutions, supporting the standardized development and price discovery of the global lithium resources market. SMM's "Africa Lithium Sulfate (CIF China)" was officially launched today (January 21, 2026) . Details are as follows: Africa Lithium Sulfate (CIF China), Specification: Li₂SO₄·H₂O content ≥80% Product Name: Africa Lithium Sulfate (CIF China) Quality Standard: Li₂SO₄·H₂O content ≥80% Definition: CIF main Chinese ports Unit: $/mt Minimum Trading Volume: 60 mt Delivery Period: 2 months Release Time: Weekdays, 12:00 Beijing Time Payment Terms: Letter of credit, telegraphic transfer, or documents against payment other payment terms require separate negotiation. Welcome more relevant enterprises in the industry chain to participate and support SMM in better serving new energy industry chain enterprises. Shirley Wang 021-5166-6838 wangcong@smm.cn Thomas Feng 021-5166-6714 fengdisheng@smm.cn Sylvia Wang 021-5166-6914 wangzihan@smm.cn Jessica Wang 021-5159-5902 wangjie@smm.cn Faith Zhang 021-5166-6878 faithzhang@smm.cn Shanghai Metals Market New Energy Research Team January 21, 2026
PriceJan 21, 2026 15:19