Indonesian customs data shows that 18,998 tons of sulfuric acid were imported from China in June. Market rumors suggest that this shipment was exported by Guangxi Jinchuan Nonferrous Metals Co., Ltd. (hereinafter referred to as "Jinchuan") to PT Huafei Nickel Cobalt (Indonesia). According to SMM's understanding, this order corresponds to the sulfuric acid that Jinchuan loaded onto a vessel on April 28. The appearance of this volume in June's data is due to a timing mismatch—either in Indonesia's customs clearance process or in the filing of the certificate of origin.

[SMM Tin Morning Brief: The Most-Traded SHFE Tin Contract Maintains Consolidation Pattern, Spot Market Trading Recovers]

The 15th Five-Year Plan officially kicks off in 2026, ushering in a critical period of transformation and upgrading for the conductor, cable, and electrical materials industry. Driven by the dual carbon strategy, new-type power system construction, energy transition, and AI technology empowerment, fields such as ultra-high voltage, new energy, computing centers, and NEVs are developing rapidly, effectively boosting demand for high-end copper and aluminum conductors and cable materials. Opportunities and challenges coexist: tight supply of copper and aluminum raw materials, significant price fluctuations, coupled with geopolitical trade and cost volatility, continue to climb operational and supply chain pressures on enterprises and intensify industry competition. Meanwhile, aluminum as an substitute for copper and new copper-aluminum composite materials are being adopted at an accelerated pace, while intelligent manufacturing and green, low-carbon technologies continue to drive industry quality improvement and upgrading. Against this backdrop, SMM will hold the November 5-6, 2026 in Yixing, Jiangsu , which will gather resources from the entire industry chain and establish a professional, efficient cooperation and exchange platform. SMM , in partnership with Shanghai Ruitong Copper International Trade Co., Ltd. , invites industry friends to attend the conference together, helping enterprises break through and boosting the industry's high-quality transformation. Click the to register immediately. We look forward to meeting you at the conference. Shanghai Ruitong Copper International Trade Co., Ltd. Shanghai Ruitong Copper International Trade Co., Ltd. is located in the Shanghai Nonferrous Metals Trading Center, specializing in bulk commodity trading and supply chain services primarily focused on nonferrous metals. It is one of the earliest companies in China to practice the integration of spot and futures trading. Growing from a startup to an industry benchmark with annual sales exceeding 100 billion yuan and serving over 2,000 manufacturing enterprises, it has carved out a distinctive path of high-quality development and is recognized by the Shanghai Municipal Government as a top-tier player. Corporate Competitiveness Research-Driven, Continuous Innovation The company's market share in copper cathode and aluminum trade volumes has consistently held a leading position in the industry. In 2025, annual sales of copper cathode reached 2.3 million mt, and together with other products (copper rod, aluminum rod, aluminum ingot, zinc ingot, nickel, silver, tin, lead, lithium carbonate, etc.) totaled 4 million mt. Deeply rooted in the industry for three decades, it is recognized annually by SMM and other professional organizations as a "Price Submitter" and "Quality Supplier," among other honors. Professional Team, Flexible Models Since its founding, the core team of Shanghai Ruitong Copper International Trade Co., Ltd. had already weathered multiple market cycles in the commodity sector. Faced with the industry changes brought by the Internet, the enterprise made two important decisions: first, adhering to the main business of non-ferrous metals and extending deeply into supply chain services; second, responding to the "Belt and Road" initiative and steadily expanding into the African market. Currently, the enterprise established nearly 30 projects in Africa, with over 3,000 Chinese and foreign employees, building momentum for expanding the international market. Robust Channels, Service First In line with the national planning guidance on accelerating the development of new-type international trade, the company has set up subsidiaries in the Shanghai Lin-gang Special Area, Singapore, and Hong Kong, actively laying out cross-border finance and trade businesses. Following the Belt and Road strategy, the company invests in Africa, and now its industries are spread across various sectors in Africa, including manufacturing, agriculture, warehousing and logistics, minerals, and recycled metals. Enterprise Vision The vigorous development of the bulk commodity industry is Ruitong's aspiration and mission. Ruitong is willing to join hands with peers to jointly build a more transparent, more standardized, and more efficient non-ferrous metal trading circle, promote the effective allocation of commodity resources in the real economy environment, and strive to enhance the competitiveness and industry discourse power of China's non-ferrous metal industry. Contact Information Business Director Xiong Li 138 1660 9892 Business Manager Xiong Xicheng 130 4415 6111 SMM Conference Contact Li Haiyang 135 2411 0203 lihaiyang@smm.cn Scan the QR code to attend immediately

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 10 Aug , 2026

[SMM Lead Morning Meeting Summary: Delivery-Driven Inventory Buildup Puts Pressure on Short-Term Lead Prices, Which Will Consolidate on a Subdued Note] According to US media: Trump has delayed military action against Iran, saying he is "handling the Iran issue quietly." Recently, social inventory of lead ingots has been accumulating, which is a normal phenomenon before the delivery of SHFE lead...

Jiangxi Mingjin New Materials Co., Ltd. plans to build a relocation project with an annual processing capacity of 15,000 mt of aluminum wire rod products. The project is currently in the public notice stage for proposed approval of its environmental impact report, with the notice period running from August 6, 2026 to August 10, 2026. Jiangxi Mingjin New Materials Co., Ltd. plans to invest 26 million yuan to construct the relocation project for an annual processing capacity of 15,000 mt of aluminum wire rod products at Plant No. 7-2, Fubei Nonferrous Metals Industrial Park, Fubei Industrial Zone, Linchuan Economic Development Zone, Fuzhou City, Jiangxi Province. The project will lease existing factory buildings for production and mainly construct production workshops, raw material areas, finished product areas, offices, etc., ultimately forming a production scale of annual processing of 15,000 mt of aluminum wire rod products.