Metal36m
Nickel Sulphate Costs Continue to Strengthen, High-Grade NPI Prices May Stabilize and Rebound [SMM Nickel Morning Meeting Notes]
[1.16 Nickel Morning Meeting Summary] On January 15, the SMM battery-grade nickel sulphate index price was 26,466 yuan/mt, and the quotation range for battery-grade nickel sulphate was 26,150-26,970 ...
Metal33m
Chinese New Year Atmosphere Emerging in the Lead Market, Supply and Demand Expected to Decline Further [SMM Lead Morning Meeting Summary]
Chinese New Year Atmosphere Emerging in Lead Market, Supply and Demand Expected to Decline Further] Chinese Ministry of Commerce: Steadily advancing the opening-up of the service sector, expanding ...
Metal33m
Overseas Lead Inventory Surges Unexpectedly, LME Lead Trading Center Shifts Downward [SMM Lead Morning Brief]
Brief: Overseas Lead Inventory Surges Unexpectedly, LME Lead Trading Center Shifts Downward] SMM, January 16: Overnight, LME lead opened at $1,966/mt. During the Asian session, LME lead fluctuated ...
Metal42m
Although downstream demand remains at a low level, it has already exceeded market off-season expectations [SMM Stainless Steel Spot Daily Review].
On January 15, the electronic trading market maintained a stable trend, while spot prices continued to rise. Although downstream demand remained at a low level, it exceeded the market's off-season ...
Metal39m
Henan Anyang Steel Scrap Purchase Price Adjustment on January 16
【Anyang Steel Scrap Price Adjustment】To all steel scrap suppliers, starting from January 16, Anyang Steel's steel scrap purchase prices remain unchanged. Specific prices are subject to the steel ...
Metal51m
Weaker US Dollar, Copper Prices Rise [SMM Copper Morning Meeting Summary]
Weaker US Dollar, Copper Prices Rise] On January 15, #1 copper cathode spot prices against the SHFE 2411 contract were quoted at parity to a premium of 120 yuan/mt, with an average premium of 60 ...
Metal1h
Alumina Futures and Spot Prices Both Weaken, Short-Term Downward Trend May Persist [SMM Morning Comment on Alumina]
Futures Market: During the overnight session, the most-traded alumina 2502 futures contract opened at 3,795 yuan/mt, with a high of 3,830 yuan/mt and a low of 3,769 yuan/mt, finally closing at 3,804 ...
Metal1h
Peru's November Copper Production Fell Nearly 5% Due to a Decline in Antamina Copper Mine Production
[Peru's November Copper Production Drops Nearly 5% Due to Decline in Antamina Copper Mine Output] According to foreign media reports on January 5, data released by Peru's Ministry of Energy and Mines ...
Metal1h
Saudi Aramco, the Oil Giant, Plans to Bet Big on the Future of New Energy Despite Sluggish Lithium Prices
In 2023, Lucid, a US EV manufacturer majority-owned by Saudi Arabia's sovereign wealth fund—the Public Investment Fund (PIF)—announced the establishment of a factory in Saudi Arabia. Meanwhile, PIF ...
Metal1h
Polysilicon Prices Stabilize and Rebound? Multiple Companies Respond: In the Destocking Phase, Resuming Production Based on Market Conditions
On January 15, the PV sector strengthened against the trend, with Flat Glass hitting the daily limit, and several stocks such as Haitai New Energy, Shuangliang Eco-Energy, and Jinggong PV rising over ...
Metal1h
US Fed Interest Rate Cut Likelihood Increases, Overnight Copper Prices Supported [SMM Copper Morning Comment]
Increased Likelihood of US Fed Interest Rate Cut Supports Overnight Copper Prices] Macro side, the overall US CPI YoY growth rate showed a mild rebound to 2.9%, while core CPI YoY growth rate ...
Metal1h
Macro Front Sees New Positive Signals While Fundamentals Remain Bearish [SMM Aluminum Morning Meeting Summary]
Futures Market: The most-traded SHFE aluminum 2503 contract opened at 20,200 yuan/mt overnight, hitting a high of 20,280 yuan/mt and a low of 20,180 yuan/mt, and closed at 20,265 yuan/mt, up 80 ...