Hot News

• 

  [Daily Review of NPI] The center of high-grade NPI quotes rises, with no large-scale transactions in the market

  [SMM Daily Review: The center of quoted prices for high-grade NPI rises, with no large-scale transactions in the market] On August 5, the average price of SMM 10-12% high-grade NPI was 916 yuan/mtu (ex-factory, tax included), up 2.5 yuan/mtu from the previous working day.

• [SMM Daily Review of Nickel Sulphate] August 4: Nickel salt prices rose slightly

  On August 4, the SMM battery-grade nickel sulphate index price was 27,143 yuan/mt, with the quotation range for battery-grade nickel sulphate being 27,140-27,620 yuan/mt, and the average price slightly increased compared to last Friday.

• Silver prices hold up well, with market sentiment warming up [SMM Daily Review]

• Tin Market Volatility: Price Resilience Amid Tight Balance in Mine Supply and Intertwined Macro Bullish and Bearish Factors [SMM Tin Midday Review]

  [SMM Tin Midday Review: Tin Market in Fluctuating Game: Price Resilience Amid Tight Balance in Ore Supply and Intertwined Macro Bullish and Bearish Factors] At midday on August 5, 2025, the most-traded SHFE tin contract (SN2509) closed at 267,180 yuan/mt, rising slightly by 1,030 yuan from the night session of the previous day, with a gain of 0.39%. The intraday price fluctuated rangebound around the 266,000 yuan/mt level, as bulls and bears cautiously engaged in a game amid the contradiction between the expected production resumption in Myanmar and weak demand. Meanwhile, the LME tin 3-month contract was temporarily quoted at around $33,390/mt, closing down 0.27% overnight to $33,125/mt, reflecting a rise in wait-and-see sentiment in overseas markets.

• [SMM Nickel Midday Review] Nickel prices rebound slightly on August 5, with Daly saying "two interest rate cuts this year are still appropriate"