Metal12m
Secondary Lead: Upstream and Downstream Have Basically Entered Holiday Mode, Few Secondary Refined Lead Quotations [SMM Lead Midday Review]
Review: Upstream and Downstream Have Mostly Entered Holiday Mode, Few Offers for Secondary Refined Lead] SMM, January 23: Today, the SMM 1# lead average price dropped by 25 yuan/mt compared to ...
Metal17m
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 ...
Metal22m
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 ...
Metal27m
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 ...
Metal31m
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 ...
Metal31m
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 ...
Metal1h
Significant Growth in China's Prebaked Anode Exports in 2024 with Strong Market Demand; Steady Growth Is Expected in 2025 [SMM Analysis]
Significant Growth in China's Prebaked Anode Exports in 2024, Steady Growth Expected in 2025] Overall, China's prebaked anode exports in 2024 showed a clear upward trend. Despite a slight decline in ...
Metal2h
FMG's Q4 production was up 8% MoM, with an even larger increase YoY.
Australian mining company Fortescue Metals Group (FMG) released its Q4 2024 operational report. Iron ore production in Q4 reached 61.90 million mt, up 8% QoQ and up 12% YoY. FMG's iron ore shipments ...
Metal3h
Futures Market Fluctuated Downward, While Prices of Philippine Laterite Nickel Ore May Remain Stable or Fluctuate Upward [SMM Nickel Morning Briefing]
Price Spread with Nickel Sulphate: Today, nickel briquette prices were 126,700-127,000 yuan/mt, down by 1,025 yuan/mt compared to the previous trading day's spot prices. Nickel sulphate remains at a ...
Metal3h
2024 Gallium Market Brief Analysis [SMM Germanium Market Analysis]
According to customs data, gallium exports in 2023 were approximately 45 mt, while customs data for January-November 2024 indicates gallium exports of around 54 mt. It is expected that the full-year ...
Metal3h
Rio Tinto Bets on Trump Approving Giant Copper Mine, Expected to Meet a Quarter of US Copper Demand Recovery
After a 12-year battle over permits, global mining giant Rio Tinto is betting that the Trump administration will ultimately approve its massive copper mine in Arizona, US. Rio Tinto CEO Jakob ...
Metal3h
Chinese New Year Holiday Approaching: Lead Market Supply and Demand Both Decline [SMM Lead Morning Meeting Summary]
Lead Prices See Dual Decline in Supply and Demand as Chinese New Year Approaches] Macro side, the uncertainty surrounding US tariff prospects continues to affect market sentiment. Domestically, six ...