Metal5m
Logistics and downstream sectors have mostly gone on holiday; suppliers lower prices to sell spot copper [SMM North China Spot Copper].
Today, spot copper cathode in North China was quoted at a discount of 350-270 yuan/mt against the front-month contract, with an average discount of 310 yuan/mt, down 10 yuan/mt from the previous ...
Metal10m
SHFE Tin Prices Fluctuate Downward, Spot Market May Remain Sluggish Before the Lunar New Year [SMM Tin Midday Review]
In the spot market, tin ingot prices adjusted in line with the futures market. Specifically, the quotation for SMM #1 tin ingot ranged between 248,000 yuan and 250,000 yuan, with an average price of ...
Metal15m
Demand Weakened Before the End of the Year, Battery Cell Prices for ESS Remained Stable This Week
ESS battery cell prices remained stable. Cost side, influenced by the rising prices of LFP cathode materials, copper, and aluminum, the cost of ESS battery cells slightly increased. According to SMM ...
Metal19m
Minor Inventory Buildup in Bonded Zones Before the Holiday, but Transactions Are Hard to Find in the Market [SMM Yangshan Spot Copper]
Currently, the spot price for pyro high-quality copper warehouse warrants is $80/mt, mainstream pyro $73/mt, and hydrometallurgical $66/mt; high-quality copper B/L is $70/mt, mainstream pyro around ...
Metal19m
Downstream Demand Plummets Due to Holidays; Suppliers Continue to Cut Prices to Facilitate Sales [SMM South China Spot Copper]
Guangdong inventory has risen for nine consecutive days, mainly due to weak consumption. It is reported that most downstream enterprises will start their holiday from this Saturday, leading to ...