Beijing (Gasgoo)- On December 23, GAC Honda, the joint venture between GAC Group and Honda Motor, officially began operations at its new energy vehicle factory in the Guangzhou Development District, ...
On December 20, TechStar, a Hong Kong SPAC, announced a merger agreement with LiDAR solution provider Seyond Holdings Ltd. and Merger Sub. The deal will enable Seyond to achieve a backdoor listing on ...
Shanghai (Gasgoo)- BYD's premium brand DENZA recently announced that the 2025 DENZA D9 model will hit the market on December 26. The new model will adopt BYD's latest fifth-generation DM (Dual Mode) ...
Beijing (Gasgoo)- Autonomous trucking solution developer KargoBot announced that on December 18, Shaanxi Automobile delivered the 10,000th new energy heavy-duty truck to the company. The truck is ...
From January-November 2024, China's imported copper cathode totaled 3.368 million mt, up 5.29% YoY.
Recently, the market has seen a continuous decline in inventories, yet the SHFE copper structure remains in a contango state and has not shifted to backwardation.
Macro side, last week, the US Fed lowered the federal funds target rate by 25 basis points as expected.
Overnight, LME copper opened at $9,882/mt, fluctuated widely at the beginning, reaching a high of $9,908/mt, then kept falling, dropping to $9,740/mt near the end of the trading session, and finally ...
Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...
SHFE tin prices experienced significant volatility. Last week, SHFE tin prices experienced significant volatility. Specifically, at the beginning of the week, the most-traded SHFE tin contract closed ...
Last Friday, LME zinc opened at $2,960/mt and initially fluctuated upward above the daily moving average, reaching a high of $2,997.5/mt. Subsequently, during a period of fluctuating downward movement ...
Last Friday night, the most-traded SHFE aluminum 2502 contract opened at 19,915 yuan/mt, reached a high of 19,965 yuan/mt, a low of 19,880 yuan/mt, and closed at 19,945 yuan/mt, down 60 yuan/mt or 0.3 ...