Metal5m
Frequent Favourable Macro Front Before the Holiday: Can Stainless Steel Futures Maintain Their Uptrend? [SMM Analysis]
As of September 27, the SS11 contract closed at 13,475 yuan/mt, up 110 yuan/mt WoW. However, it plunged to 13,180 yuan/mt during the Friday night session and further dropped to 13,070 yuan/mt on ...
Metal2h
National Day Holiday Arrangements for Galvanising Enterprises: Fewer Days Off YoY [SMM Analysis]
SHANGHAI, May 16 (SMM) - The most-traded SHFE 2306 aluminium contract opened at 18,185 yuan/mt overnight, with its low and high at 18,100 yuan/mt and 18,245 yuan/mt before closing at 18,155 yuan/mt, ...
Metal3h
Bullish news at home and abroad drives copper prices higher; copper scrap holders sell at highs [SMM Analysis]
SHANGHAI, Jul 24 (SMM) –SHFE 2308 tin contract jumped to 234,790 yuan/mt at last Friday’s night session, but then fell back rapidly, with a low at 231,500 yuan/mt before closing at 232,260 yuan/mt or ...
Metal4h
Domestic Heavyweight Favorable Policies Are Expected to Significantly Boost Copper Prices [SMM Copper Morning Comment]
Last Friday, LME copper opened at $10,012.5/mt. Last Friday, LME copper opened at $10,012.5/mt, initially declined to a low of $9,946/mt, then rose again to a high of $10,049.5/mt during the session, ...
Metal3h
Secondary Copper Rod Plants Actively Restocked Before the Holiday, Operating Rates Steadily Increased [SMM Analysis]
According to SMM survey data, the operating rate of secondary copper rods was 16.17% last week (surveyed enterprises: 15, capacity: 1.59 million mt/year), up 0.48 percentage points WoW.
Metal4h
SMM Tin Market Morning Comment (Sep 30)
SHANGHAI, Jun 5 (SMM) – SMM battery-grade lithium carbonate prices were 282,000-313,000 yuan/mt as of May 30, with the average price up 2,500 yuan/mt from the previous trading day to 297,500 yuan/mt.
Metal4h
Macro front still provided support, SHFE zinc fluctuated [SMM Zinc Morning Comment]
Last Friday, the most-traded SHFE zinc 2411 contract opened at 24,910 yuan/mt. Initially, with increased long positions, it fluctuated upward, peaking at 25,115 yuan/mt. Later, with increased short ...
Metal4h
SMM Morning Comment For SHFE Base Metals On September 30
Last Friday night, the most-traded SHFE lead 2411 contract opened at 16,855 yuan/mt. After opening, it fluctuated upward to a high of 16,990 yuan/mt, then fell under pressure to a low of 16,815 ...
Metal4h
SMM Nickel Market Morning Comment (Sep 30)
SHANGHAI, Jun 5 (SMM) – SMM battery-grade lithium carbonate prices were 282,000-313,000 yuan/mt as of May 30, with the average price up 2,500 yuan/mt from the previous trading day to 297,500 yuan/mt.
Metal16h
【SMM Analysis：Bulk transactions were limited, and the prices of cobalt intermediate products slightly declined during the week.】
【SMM Analysis：Bulk transactions were limited, and the prices of cobalt intermediate products slightly declined during the ...
Metal23h
SMM: Current Solar Cell Market Faces Significant Inventory Risk; De-stocking Cycle May Begin in H2 2025 [Photovoltaic Industry Conference]
In terms of capacity expansion: SMM expects that from 2024 to 2027, the overall expansion speed of photovoltaic cells will ...
Metal20h
【SMM Analysis】 Los Angeles Port Affected by Lithium Battery Fire: Multiple Docks Closed, Cargo Transportation Hindered
On September 26, 2024, at noon, a significant traffic accident occurred in Los Angeles, California, USA. A semi-trailer truck loaded with lithium batteries overturned and caught fire on Highway 47, ...