Metal1h
Just-in-time order releases have shifted the transaction center of DMC upwards; can the subsequent price increase continue? [SMM Analysis]
This week, silicone monomer enterprises began to raise their quotations, but the overall market transaction range remained stable, with the low prices maintained at 12,500 yuan/mt and the high prices ...
Metal2h
SHFE Tin Opens Low and Moves Lower in Night Session, Market Participants Await Clearer Trends【SMM Tin Morning News Dec 13】
In last night's trading session, SHFE tin prices opened low and continued to decline, showing an overall weak trend.
Metal2h
Will the "short squeeze" continue until the end of the year? How are the fundamentals for zinc market perform? [SMM Analysis]
As delivery approaches, the total open interest for SHFE zinc increased from 317,000 lots at the beginning of the week to 343,000 lots, with bulls/longs funds flowing in again.
Metal1h
Lead Ingot Inventory Transfer to Delivery Warehouse, Social Inventory Increases as Expected [SMM Survey]
According to an SMM survey as of December 12, SMM lead ingot social inventory across five locations reached 57,900 mt, an increase of 900 mt from December 5 and 1,900 mt from December 9.
Metal2h
Markets Digest Expectations for US Fed Interest Rate Cut, Overnight Copper Prices Decline [SMM Copper Morning Comment Dec 13]
Overnight, LME copper opened at $9,214/mt, initially peaked at $9,248/mt, then fluctuated downward, touching a low of $9,072/mt towards the close, and finally settled at $9,072/mt, with a decline of 1 ...
Metal2h
End-use demand remains optimistic, with copper foil enterprises maintaining high operating rates in Q4 [SMM Analysis]
According to an SMM survey, in November 2024, the operating rate of copper foil enterprises was 75.48%, down 0.13 percentage points MoM and 2.32 percentage points YoY. Among these, large enterprises ...
Metal1h
Prebaked anode prices rose slightly, supported by raw material costs, with continued strong market demand【SMM Analysis】
During the period from November 11 to December 10, SMM prebaked anode prices slightly rose.
Metal2h
In November, the production of copper cathode rods far exceeded expectations, reaching the second highest level within the year [SMM Analysis]
According to SMM data, the total national production of copper cathode rods in November was 932,000 mt, up 75,100 mt MoM, up 8.76 percentage points MoM and 8.69 percentage points YoY, with an ...
Metal2h
Zinc Ingot Destocking Slows, SHFE Zinc Opens Lower with a Gap【SMM Zinc Morning Comment Dec 13】
Overnight, the most-traded SHFE 2403 aluminium contract opened at 18,745 yuan/mt, with high and low at 18,760 yuan/t and 18,665 yuan/mt before closing at 18,700 yuan/mt, down 65 yuan/mt or 0.35%.
Metal2h
Domestic Continues to Release Positive Signals, Aluminum Ingot Inventory Remains Low [SMM Aluminum Morning Meeting Summary Dec 13]
Overnight, the most-traded SHFE aluminum 2502 contract opened at 20,490 yuan/mt, peaked at 20,510 yuan/mt, dropped to a low of 20,420 yuan/mt, and closed at 20,500 yuan/mt, down 60 yuan/mt from the ...
Metal2h
Secondary Copper Rod Plants Strive to Meet Annual Production Targets, Maintaining Normal Production amid Losses in November [SMM Analysis]
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 ...
Metal2h
SMM Nickel Market Morning Comment (Dec 13)
Futures Market: On December 12, nickel prices led a significant rise in the non-ferrous sector in the morning. The closing price at noon ranged from 3,590 yuan/mt to 128,950 yuan/mt, with an increase ...