Metal1h
Looking Ahead to 2025: Will Aluminium Prices Stay Supported?
In 2025, alumina supply growth is likely to outpace demand, creating a surplus that could reduce pressure on aluminium ...
Metal16h
Power Battery Installations TOP 15 New Trends Overview! Has the Industry Direction Changed?
A research report by Haitong International stated that in the future, as raw material costs in the lithium battery industry ...
Metal15h
Domestic Ingot Supply Remains Tight, Lead Prices May Rebound After Hitting Lows [SMM Lead Morning Meeting Summary]
Domestic Ingot Supply Tightens, Lead Prices May Rebound After Testing Lows] China's December LPR remained unchanged for two consecutive months, and the industry expects monetary policy adjustments to ...
Metal15h
US Fed Lowers 2025 Rate Cut Expectations, Copper Prices Decline as Import Window Widens [SMM Analysis]
Macro side, last week, the US Fed lowered the federal funds target rate by 25 basis points as expected.
Metal16h
Codelco's November copper production was up 18% YoY but did not meet the month's expected target.
According to MINING.COM citing Reuters: An internal document obtained by Reuters last Friday showed that Chilean state-owned copper giant Codelco produced 125,500 mt of copper in November, up 18% YoY ...
Metal14h
China's November Import Share of Non-Registered Copper Cathode Revealed! Nearly 60%! [SMM Analysis]
From January-November 2024, China's imported copper cathode totaled 3.368 million mt, up 5.29% YoY.
Metal15h
SHFE Zinc Records a Bearish Candle Without Upper Shadow; SHFE Zinc May Maintain a Fluctuating Trend [SMM Zinc Morning Comment Dec 23]
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 ...
Metal15h
US November PCE Data Cooled Across the Board, Copper Prices Edged Up Last Friday Night [SMM Copper Morning Comment Dec 23]
Last Friday night, LME copper opened at $8,892.5/mt, dipped to $8,880.5/mt at the beginning of the session, then fluctuated upward, reaching a high of $8,953.5/mt near the session's end, and finally ...
Metal15h
Domestic Ingot Supply Remains Tight, Lead Prices May Rebound After Hitting Lows [SMM Lead Morning Comment Dec 23]
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 ...
Metal15h
US Fed Inflation Data Lower Than Expected, US Dollar Index Weakens, LME Aluminum Bottoms Out and Rebounds [SMM Aluminum Morning Comment Dec 23]
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 ...
Metal14h
Continuous Inventory Reduction: Why Has SHFE Copper Not Shifted to a Backwardation Structure? [SMM Analysis]
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.
Metal15h
SHFE Tin Prices Dropped Sharply Last Week, Spot Market Trading Boomed [SMM Tin Morning Comment Dec 23]
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 ...