News

Shanghai Metals Market10h
Sino-US Trade Relations Ease, Market Expects Increase in Copper Consumption [SMM Secondary Copper Daily Review]
Check SMM copper quotes, data, and market analysis 》Subscribe to view historical price trends of SMM metal spot cargo. SMM May 14. At 11:30 today, the futures closing price w ...
Shanghai Metals Market11h
The "rush shipping" battle is imminent! Goldman Sachs predicts: China's exports will surge in the next 90 days
Scott Kennedy, Senior Adviser for China Business and Economics at the Center for Strategic and International Studies (CSIS), stated in a media interview that, as enterprises rush to ship goods across ...
Shanghai Metals Market11h
A strange sight! Did every "big day" for data releases in the US this month deal a blow to expectations for US Fed interest rate cuts?
"The current news flow on tariffs, trade agreements, geopolitical tensions, and domestic fiscal policy is changing so rapidly ...
Shanghai Metals Market11h
Ministry of Commerce: Implementing Full-Chain Control to Strictly Prevent Illegal Outflow of Strategic Minerals
A spokesperson for the Ministry of Commerce answered questions from reporters regarding the implementation of strengthened whole-chain management and control over the export of strategic minerals. Q: ...
Shanghai Metals Market11h
Note: The Shanghai Composite Index regained the 3,400-point threshold today (as of May 14 close)
Recently, the Shanghai Composite Index has continued to strengthen. As of today's (May 14) close, it reached 3,403.95 points, marking its return above the 3,400-point threshold after 35 trading days, ...
Shanghai Metals Market11h
Will US CPI Cool Down in April? Wall Street Cries Out: "The Inflation Storm" is Still to Come, as Early as Next Month!
Earlier on Tuesday, the monthly Consumer Price Index (CPI) report released by the US Bureau of Labor Statistics showed an unexpected cooling of inflation in the US. The data revealed that the US CPI ...
Shanghai Metals Market11h
125% → 10%, 24% tariff suspended for 90 days: China begins to adjust tariffs on US goods
Spokesperson for the Ministry of Commerce Issues Statement on the Joint Statement of the China-US Geneva Economic and Trade Talks ...
Shanghai Metals Market11h
Mutual Tariff Concessions Between China and the US Unleash Cooperation Dividends, Trade Recovery Drives Surge in Shipping Export Demand
A key signal conveyed by China and the US's mutual tariff concessions is that neither side believes that high tariffs will have a positive impact on international trade. This tacit consensus has laid ...
Shanghai Metals Market11h
Expectations of alumina supply contraction strengthen, alumina prices rise strongly [SMM Aluminum Futures Brief Comment]
Today, the most-traded SHFE aluminum 2506 contract opened at 20,155 yuan/mt, with a high of 20,290 yuan/mt, a low of 20,115 yuan/mt, and closed at 20,275 yuan/mt, up 0.60%. Trading volume was 102,000 ...
Shanghai Metals Market11h
SHFE tin inventory continues to decline, falling to a new low in over a month
Comparison of tin inventory between LME and SHFE since 2023 The following are tin inventory data for LME and SHFE since April 2025: (Unit: mt) ...
Shanghai Metals Market12h
MMi Daily Iron Ore Report (May 14)
Today, DCE iron ore futures held up well, with the most-traded contract I2509 closing at 737, up 2.43% for the day. Traders were relatively active in selling, while steel mills purchased as needed.
Shanghai Metals Market12h
A Graphic Guide to the 2024 Annual Reports of 19 Copper Smelters [SMM Analysis]
According to annual report disclosures and SMM's understanding, the total copper cathode production of the aforementioned 19 copper smelters in 2024 was 10.5558 million mt, with an increase of 642,000 ...