SMM Morning Meeting Summary: US Dollar Index Hits Multi-Year Low, Overnight Copper Prices Rise. On April 21, SMM reported that spot prices of #1 copper cathode against the SHFE copper 2505 contract were at a premium of 150-200 yuan/mt, with an average premium of 175 yuan/mt, up by 45 yuan/mt from the previous trading day. According to SMM data, destocking in the Shanghai region reached 21,200 mt over the weekend, primarily due to increased outflows from warehouses last Friday.
Apr 22, 2025 09:12【SMM Spot Copper】According to SMM data, destocking in the Shanghai region over the weekend reached 21,200 mt, primarily due to strong outflows from warehouses last Friday and significant warrant outflows. Intraday trading continued to improve. During this week's SMM Copper Summit, spot supply is expected to be limited, and spot premiums remain firm.
Apr 21, 2025 13:24At the 2024 (19th) SMM Copper Industry Conference and Copper Industry Expo - Copper Raw Materials and Consumption Development Forum, jointly organized by SMM and Shandong Humon Smelting Co., Ltd., SMM Copper Senior Analyst Liang Kaihui analyzed China's copper scrap recycling, utilization and prospects.
Apr 25, 2024 17:27At the 2024 (19th) SMM Copper Industry Conference and Copper Industry Expo - Copper Billet Industry Development Forum, jointly organized by SMM and Shandong Humon Smelting Co., Ltd., SMM Copper Senior Analyst Liu Lu introduced the current status of the copper billet market and its prospect.
Apr 25, 2024 16:41At the 2024 (19th) SMM Copper Industry Conference and Copper Industry Expo jointly organized by SMM and Shandong Humon Smelting Co., Ltd., SMM Big Data Director Ye Jianhua gave an outlook and forecast on the copper market price in 2024.
Apr 25, 2024 14:53At the 2024 (19th) SMM Copper Industry Conference and Copper Industry Expo - Copper Billet Industry Development Forum, jointly organized by SMM and Shandong Humon Smelting Co., Ltd., Shenzhen Connector Industry Association research Center Director Zhou Mingliang shared the application and prospects of copper semis in connectors.
Apr 25, 2024 14:10As of last Friday, the SMM Imported Copper Concentrate Index (weekly) stood at $84.75/mt, $0.39/mt higher than the previous week. During last week, some market participants had not yet returned from Chile and some participated in the SMM Copper Summit in Yantai, which led to relatively quiet inquiries and quotes during the week.
May 4, 2023 11:49
Shanghai nonferrous metals closed with losses in day trading.
Apr 24, 2023 18:00