Metal14d
SHFE Tin Prices Continue to Decline, Downstream Enterprises Show Lackluster Purchase Enthusiasm [SMM Tin Midday Review]
[SMM Tin Midday Review: SHFE Tin Prices Continue to Decline, Downstream Enterprises Show Low Purchasing Enthusiasm] The daytime session started at a price of 247,000 yuan/mt. As market trading ...
Metal14d
End-Use Consumption Weakens; Sentiment for Secondary Copper Rod Stockpiling Before the Year-End Remains Moderate [SMM Secondary Copper Daily Review]
Today's futures closing price at 11:30 was 75,280 yuan/mt, down 110 yuan/mt from the previous trading day. The average spot premiums/discounts stood at 60 yuan/mt, down 65 yuan/mt from the previous ...
Metal14d
XPENG G7 compact SUV unveiled in MIIT's catalogue
A recent filing in the latest batch of China's Ministry of Industry and Information Technology's vehicle catalog unveiled the XPENG G7, a compact all-electric SUV likely priced around 250,000 yuan.
Metal14d
Global Lead Ore Supply Ramping Up: What About Future Increases? [SMM Analysis]
[SMM Analysis: Global Lead Ore Supply on the Rise, What About Long-Term Growth?] According to SMM's understanding and preliminary estimates, the growth trend of global lead ore supply for 2024-2026 ...
Metal14d
MMi Daily Iron Ore Report (Jan 15)
Today, iron ore futures continued to fluctuate upward. The most-traded I2505 contract closed at 782.5 yuan/mt, up 0.71% throughout the day. Traders were active in selling, with a strong sentiment to ...
Metal14d
The Most-Traded Lithium Carbonate Contract Rose by 1.24% [SMM Futures Review]
[SMM Lithium Carbonate Futures Review: LC2505 Most-Traded Contract Rose by 1.24%] On January 15, the LC2505 most-traded lithium carbonate futures contract rose by 1.24%. According to the data, the ...
Metal14d
Weak Demand and Increased Inventory Lead Suppliers to Cut Prices, Spot Premiums Plunge [SMM South China Spot Copper]
Today, spot premiums for Guangdong #1 copper cathode against the front-month contract were quoted at 0-50 yuan/mt, with an average premium of 25 yuan/mt, down 200 yuan/mt from the previous trading day ...
Metal14d
The Only PV Glass Company in Europe Reduces Working Hours Due to Insufficient Demand
[Europe's Only PV Glass Manufacturer Reduces Working Hours Due to Insufficient Demand] Europe's only solar glass manufacturer, GMB Glasmanufaktur Brandenburg GmbH (GMB), is facing difficulties due to ...
Metal14d
Spot Premiums/Discounts Continued to Weaken on Contract Rollover Delivery Day [SMM North China Spot Copper]
Today, spot copper cathode in North China was quoted at a discount of 200-120 yuan/mt against the front-month contract, with an average discount of 160 yuan/mt, down 20 yuan/mt from the previous ...
Metal14d
SHFE Zinc Recorded a Small Bearish Candle with Prices Mainly Fluctuating at Low Levels [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] SHFE zinc recorded a bearish candlestick overnight, with resistance formed by various moving averages above. Downstream sectors are gradually entering the holiday period, ...
Metal15d
SHFE Tin Prices Pulled Back During the Night Session; The Spot Market May Usher in the Final Active Period [SMM Tin Morning Brief]
SHFE tin prices pulled back during the night session, and the spot market may usher in the last active period [SMM Tin Morning Brief]. During yesterday's night session, SHFE tin prices showed a trend ...
Metal15d
Alumina Futures Decline Rapidly, Spot Prices Hit Record Lows Repeatedly [SMM Morning Comment on Alumina]
[SMM Morning Comment on Alumina: Alumina Futures Decline Rapidly, Spot Prices Hit New Lows] Recently, the weekly operating rate of alumina has continued to increase slightly, while demand remains ...