- Futures
- Base Metals
- New Energy
- Ferrous Metals
- Rare Earth
- Scrap Metals
- Minor Metals
Data: SHFE, DCE market movement (Aug 11)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Aug, 2025
[SMM Silicon-Based PV Morning Meeting Summary: Futures Lead to Frequent Price Fluctuations in Silicon Metal, While Closing Prices for Polysilicon Transactions Remain Stable] Over the weekend, the quoted price for N-type recharging polysilicon was 45-49 yuan/kg, with the N-type polysilicon price index at 45.9 yuan/kg, and the quoted price for granular polysilicon at 43-46 yuan/kg. The polysilicon quoted prices remained stable over the weekend. Last week's polysilicon-related meetings concluded, and the market is now focusing on downstream and power station meetings this week. The current production cut situation in the upstream sector remains uncertain, and the market is closely monitoring supply and demand dynamics.
[SMM EMM Daily Review: Strong wait-and-see sentiment at the beginning of the week, EMM prices remain stable] The average spot price of EMM in major producing areas was 13,500-13,600 yuan/mt, unchanged MoM; the average FOB price was $1,890-$1,930/mt, unchanged MoM. HBIS Group's August tender: EMM priced at 14,150 yuan/mt, up 100 yuan/mt from the previous round (priced at 14,050 yuan/mt in July). Influenced by this news, EMM producers may raise their quotes to seek greater profit margins. However, demand side, despite the positive impact of macro policies, downstream steel mills remained in the traditional off-season in August, with strong wait-and-see sentiment in the market and a cautious attitude towards raw material procurement, making it difficult to achieve breakthroughs in high-priced transactions. At the beginning of this week, this wait-and-see sentiment remained evident, with spot prices remaining stable.
