May 9, 2024
Chine Stock (SHFE) Rate/ton
Copper79040+390
Alluminum20370+220
Nickel142460+1040
Zinc22520+55
Lead17050+40
Tin255730+1450

Today's China Spot Prices: Aluminum, Copper, Lead, Zinc, Nickel, Tin - Insights and Trends | shanghai metal market

Today's China spot price

Understanding the complexities of China’s spot rates and non-ferrous metal scrap or recycled markets is important in today’s commodity landscape. Let’s take a look at how supply and demand affect China’s copper, aluminium, nickel, zinc, lead and tin recycling industry:

Copper:

Demand:

China’s recycled copper market is driven by a number of industries, including electronics, construction, and automotive. Because recycled copper is more economical and has less environmental effects, manufacturers prefer it

Supply:

Aluminium:-

Demand:

China’s aluminium recycling market serves a number of industries, including construction, packaging, and transportation. When aluminium is recycled instead of being produced from scratch, energy is saved and carbon emissions are decreased

Supply

Recycled aluminium is consistently available thanks to China’s vast network of recycling facilities. The availability of scrap aluminium is, however, impacted by changes in international trade policies, quality requirements, and scrap collecting rates.

Nickel:

Demand:

Materials containing nickel, such as waste stainless steel and nickel–cadmium batteries, are in high demand in China’s recycling industry. For the creation of batteries and stainless steel, recycled nickel is a crucial resource.

Supply:

Scrap containing nickel may be collected and processed from a range of sources thanks to China’s recycling system. The supply of recycled nickel is influenced by factors such as environmental concerns, market dynamics, and technical developments.

Zinc

Demand

The building, automotive, and galvanising industries are served by China’s zinc recycling industry. When compared to the manufacture of primary zinc, recycled zinc offers advantages in terms of cost and resource conservation.

Supplies

Both imported and domestic scrap are used by China’s zinc recycling sector. The availability of scrap zinc is affected by various factors, including trade policies, industrial operations, and developments in urbanisation

Lead

Demand:

 A sizable share of China’s recycled lead market is made up of lead-acid batteries. Recycled lead is essential for sustainable production methods in the automotive, renewable energy, and electronic manufacturing sectors

Supply:

With a strong network of battery recycling facilities, China’s core recycling industry is well developed. The availability of recycled lead is, however, influenced by issues with battery collection, recycling technology, and environmental restrictions.

Tin:

Demand:

In China, tin-plated goods, electronic scrap, and soldering waste are the main sources of tin recycling. Recycled tin is used in the electronics sector for component fabrication, soldering applications, and circuit board production

Supply:

Thanks to legislative actions and technological advances, China’s electronics recycling industry helps to supply used tin. The availability of scrap tin is influenced by material collection rates, quality requirements, and market dynamics

Demand and supply dynamics of base metals in China:

In China's base metals market, prices depend on:

Demand:

Industrial development in manufacturing, construction and infrastructure.Increasing demand for consumer electronics and electric vehicles. Construction needs are increasing due to urbanisation

Supply:

China’s role as a major base metal producer and trader. Global trade dynamics and geopolitical factors. Impact of environmental regulations on production.

Export and Import Market Data from the Shanghai Metals Market (SMM):

SMM provides key insights into China's base metals trade:

Export trends:

data on exports of copper, aluminium, nickel, zinc, lead and tin products.

Import Trends:

Information on imports of raw materials such as copper concentrate, aluminium, and nickel ore.

Market News:

Real time updates on policy changes, economic indicators and industry trends.

Conclusion

China’s current prices and the dynamics of the non-ferrous metals scrap or recycled market are intertwined, illustrating the complicated interplay between supply and demand. Through a comprehension of the impact of these variables on the copper, aluminium, nickel, zinc, lead, and tin recycling industry, stakeholders may proficiently traverse the market and make valuable contributions to sustainable resource management techniques.

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