Partial Corrections To “consolidated Financial Results For The Year Ended March 31, 2022 “
Chinese Aluminium Plate/Sheet and Strip Companies Were Plagued by Poor Domestic and Overseas DemandSHANGHAI, Jun According to SMM survey, the market demand for aluminium plate/sheet and strip this week was still not optimistic. Copper Inventory in Major Chinese Markets Fell 4,300 mt on Week As of April 29, copper inventory across major Chinese markets dropped 4,300 mt from Monday to 110,600 mt, a decrease of 16,700 mt from last Friday. Aluminium Inventory in Shanghai Bonded Zone Increased SHANGHAI, May 7 – According to SMM statistic, aluminium inventory in the Shanghai bonded zone stood at 77,800 mt on May 6, an increase of 2,000 mt from a week ago.
Salient Midstream & MLP Fund was formed on May 24, 2012 and is domiciled in the United States. Looking to the future, as the US Fed raised interest rates sharply and the monetary tightened, the market was in a bearish sentiment. Although raw material prices were supported by the cost, the prices are more likely to decline slightly, which will increase orders to a certain extent.
China Stainless Steel Output Reached 2.18 Million Tons in October China’s stainless steel output is 2,179,600 tons in October, up 2.55% MoM. The total output from January to October is 20.14 million tons, up 6% YoY. Chinese Aluminium Foil Mainly Flowed to Thailand, South Korea, and India in MaySHANGHAI, Jun In May, China’s aluminium foil exports mainly flowed to Thailand, South Korea, and India.
Declining Aluminium Inventory across China and Indonesia’s Banning of Export Bauxite jeunesse global comp plan Boosted SHFE Aluminium Prices SHFE aluminium prices remain rangebound. In the early trading today, SHFE aluminium rose and ended the two-day continuous decline, closing up by 0.76% to 26,560 yuan/mt. Although the current consumption is slightly weak, SMM believes that zinc prices will find some support from the cost side. The upward room of zinc prices will be determined by the magnitude of consumption recovery. It is expected that the short-term zinc prices will run between 25,000-26,500 yuan/mt. The SMM prices of #0 zinc ingots dropped to 25,380-25,480 yuan/mt, with the average price at 25,430 yuan/mt, a new low since late March.
Revision Of Fy2021 97th Term Dividend Forecast
For investors of mortgage-backed securities, prepayment of mortgages is usually undesirable since future interest is foregone; investors prefer a lower or declining single monthly mortality on an MBS. Single monthly mortality is a measure of the prepayment rate of a mortgage-backed security . As the term suggests, the single monthly mortality measures prepayment in a given month and is expressed as a percentage. Silicon Price to Stabilize with Operating Rate of Silicon Plants Dropping Silicon plants in Sichuan has been suspended production recently. We understand that sometimes questions may arise or problems may crop up that you’ll need additional help with. That’s why the Smmlite team is available around the clock – to ensure your success and satisfaction no matter what time of day or night you need us.
The major silicon metal producing regions including Yunnan, Xinjiang, Sichuan will have to cut the production, where the silicon plants cannot maintain the normal production from September to November. The downstream production in the major silicon consumption areas in east and south China has been mostly resumed after the short-term production restrictions. Affected by factors such as industry transformation, national policy support, and transportation, in recent years, some domestic die-casting zinc alloy manufacturers and die-casting manufacturers gradually turned to south-east Asia. In addition, the production and transportation in east China were deeply disturbed by the pandemic. Moreover, due to the cost pressure of expensive zinc ingots, the overall performance of export orders this year was weak. Although according to the information released by the General Administration of Customs, the unwrought zinc alloy exports in May increased month-on-month, but there is still a big gap compared with the same period in previous years.
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SHANGHAI, Jun The market is worried about the economic outlook in the context of US and European interest rate hikes to fight soaring inflation, weighing on base metals. Digital transformation, as well as climate change and the maritime energy transition demand groundbreaking, implementable solutions – they all take center stage at the 30th SMM. With an expanded spectrum of key areas and additional presentation formats, the leading international trade fair for the maritime industry accompanies the change at close quarters. MMi Daily Iron Ore Report DCE iron ore was was shocked all the day.The main contract closed at 736,increased of 0.96%. Traders are not very enthusiastic about shipments, steel mills are mainly on the sidelines, and there are few transactions in the market.PBF at Shandong port dealt 805 yuan/mt,keep stable compare with yesterday. Get updates on the latest social media marketing, popular services and all the tips & tricks to keep your business powerful.
To sum up, pure nickel market remained low in both supply and demand, and the prices are likely to fall further, coupled with a muted macro front. SHANGHAI, Jun Following the seasonal accumulation after the Spring Festival, the inventories of aluminium ingots have entered a downward trajectory since March. SMM statistics showed that the aluminium ingot social inventories across China’s eight major markets totalled 751,000 mt as of last Thursday June 23, down 172,000 mt in a month and also at a low level when compared with the same period in years past. From a fundamentals point of view, domestic smelters are still facing a shortage of zinc ore. In terms of exports, the export of refined zinc increased significantly in May. According to customs data, the export of refined zinc in May was 35,500 mt, and the import volume was only 3,200 mt, thus net export was maintained.
The market shall watch when copper prices will stop falling and the restocking demand by then. On the macro front, at yesterday’s congressional hearing, Federal Reserve Chairman Jerome Powell delivered a more hawkish sound, and market fears of a U.S. recession are also creeping up. Powell said the U.S. economy would be “extremely challenging” to achieve a “soft landing” and that a recession could occur as interest rates are raised to combat inflation. As fears of an economic slowdown will hurt energy consumption, oil prices plunged 3% on Wednesday.
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