In North China today, spot #1 copper cathode prices against the front-month contract were at a discount of 150-90 yuan/mt, averaging a discount of 120 yuan/mt, down 10 yuan/mt from the previous ...
Aluminum Prices Decline with Slight Rebound in Downstream Demand, Short-Term Prices Expected to Hover at Highs] Overall, driven by earlier macro tailwinds and capital flows, aluminum prices surged ...
The SMM Lead-Antimony Alloy (Henan) price is formed and published by SMM according to this methodology. This price is denominated in yuan/mt, inclusive of 13% VAT, and reflects the ex-works, self pick ...
The quoted price for N-type recharging polysilicon is 49.7-44.9 yuan/kg, granular polysilicon is quoted at 50-51 yuan/kg, and the polysilicon price index stands at 52 yuan/kg. Overall, market prices ...
Fundamentals Remain Tepid, LME and SHFE Lead Both Record Four-Day Losing Streaks] SMM, Nov. 19: Overnight, LME lead opened at $2,039/mt. As the US dollar index continued to strengthen and base metals ...
EU Salt Brine Magnesium Extraction Technology Breakthrough and Weak Market Performance of Indian Magnesium Enterprises] The EU's MAREMAG LIFE project has successfully extracted green magnesium from ...
Lead Prices Wipe Out Nearly a Month's Gains, Focus Shifts to Downstream Purchasing Trends] US initial jobless claims for the week ending October 18 stood at 232,000, marking the first release since ...
Aluminum Prices Weaken with Divergent Market Adjustments, Low Inventory Provides Support] Yesterday, aluminum prices continued to fluctuate downward, with the SMM A00 aluminum spot price falling by ...
Oversupply Pattern Difficult to Change, Magnesium Prices Under Pressure] Magnesium plants have strong reluctance to sell, but under the dual pressures of inventory and financial strain, some ...
LME copper opened at $10,700.5/mt overnight, fluctuated downward after initial sideways consolidation to touch a low of $10,667/mt, then gradually moved upward to a high of $10,766/mt, before ...
Weak US Employment Data Leads to Fluctuating LME Zinc] Overnight, the LME zinc contract opened at $2,987/mt. At the beginning of the session, bulls reduced their positions, causing LME zinc to ...
SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2601 contract opened at 22,325 yuan/mt, which was also the day's lowest price. Subsequently, bulls increased their positions, driving ...