News

Shanghai Metals Market1h
National Bureau of Statistics (NBS): CPI declined slightly in May, while the YoY growth of core CPI expanded, and PPI fell by 0.4% MoM.
CPI Slightly Declined in May 2025, While Core CPI YoY Growth Rate Expanded —Interpretation of CPI and PPI Data for May 2025 ...
Shanghai Metals Market5m
General Administration of Customs: China's Import and Export of Goods Trade Grew by 2.5% in the First Five Months, with Export up 6.3% YoY in May
According to customs statistics, in the first five months of 2025, the total value of China's import and export of goods trade was 17.94 trillion yuan, up 2.5% YoY (the same hereinafter). Of this ...
Shanghai Metals Market19m
LME copper inventory drops to a new low in nearly a year, while SHFE copper inventory rebounds slightly
The latest data released by the Shanghai Futures Exchange indicated that during the week of June 6, SHFE copper inventories rebounded slightly, with weekly inventories increasing by 1.52% to 107,404 ...
Shanghai Metals Market10m
SMM: Changes and Outlook of Global Coal Trade Flows [Indonesia Conference]
According to SMM's 2024 global coal shipping data, the coal transported by Indonesia and Colombia is mainly thermal coal and lignite used for power generation. Australia, the US, Canada, and Russia ...
Shanghai Metals Market38m
Acwa Power Signs $10 Billion Non-Binding Deals with Malaysia for 13GW Clean Energy Projects
Saudi Arabia’s Acwa Power signed non-binding agreements with Malaysian entities to explore developing around 13 gigawatts of power generation capacity, with total investments projected at $10 billion ...
Shanghai Metals Market38m
Qatar-Led Consortium to Build 1-GW Solar Plant and 4 GW Gas Projects in Syria
A consortium led by Qatar’s UCC Holding has signed a USD 7-billion agreement with Syria’s Ministry of Energy to support infrastructure reconstruction and energy security. The deal includes a 1-GW ...
Shanghai Metals Market56m
Shandong Humon Smelting Co., Ltd. held a public tender for its high-purity selenium head and tail materials today [reported by SMM]
News: According to SMM, Shandong Humon Smelting Co., Ltd. has launched an open tender for the sale of a batch of high-purity selenium head and tail materials starting today. The selenium content in ...
Shanghai Metals Market54m
Rio Tinto and Baowu Join Hands with Inhawanka Traditional Landowners to Announce Commissioning of Western Range Iron Ore Project in Pilbara
The partnership between Rio Tinto and Baowu in the Pilbara region dates back to 2002, when the two parties established the Bao-Hl Joint Venture to jointly develop the East Range iron ore project in ...
Shanghai Metals Market38m
China Likely to Peak Carbon Emissions Before 2030, Ex-Official Says
China may reach its carbon emissions peak several years before its 2030 target, according to Zhu Guangyao, former Vice Minister of Finance. Speaking at the Nikkei Future of Asia forum, he cited ...
Shanghai Metals Market37m
Thailand BOI Rolls Out Four Measures to Ease U.S. Tariff Pressure
Second, industries likely affected by U.S. trade actions—like auto parts, electronics, and metal goods—must meet stricter local processing requirements. Products must undergo significant ...
Shanghai Metals Market1h
The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term [SMM Alumina Morning Comment]
Futures Market: On Friday, the most-traded alumina 2509 futures contract opened at 2,909 yuan/mt during the night session, with a high of 2,922 yuan/mt, a low of 2,889 yuan/mt, and closed at 2,898 ...
Shanghai Metals Market1h
National Bureau of Statistics (NBS): PPI fell 0.4% MoM and 3.3% YoY in May, with prices in some sectors showing marginal improvement.
According to data from the National Bureau of Statistics (NBS), the Producer Price Index (PPI) for industrial producers fell by 0.4% MoM in May, the same rate of decline as the previous month. On a ...