A research report by Haitong International stated that in the future, as raw material costs in the lithium battery industry ...
From January-November 2024, China's imported copper cathode totaled 3.368 million mt, up 5.29% YoY.
Macro side, last week, the US Fed lowered the federal funds target rate by 25 basis points as expected.
Recently, the market has seen a continuous decline in inventories, yet the SHFE copper structure remains in a contango state and has not shifted to backwardation.
SHFE Lead Surges Strongly While Spot Market Trading Remains Sluggish SMM, December 23: In the Shanghai market, Honglu lead was quoted at 17,475-17,525 yuan/mt, on par with SHFE lead 2501 contract; in ...
In this week's metal market, the price of high-nickel pig iron (NPI) continued to be under pressure. According to specific ...
Today, spot premiums for #1 copper cathode in Guangdong against the front-month contract were quoted at 200-250 yuan/mt, with an average premium of 225 yuan/mt, down 30 yuan/mt from the previous ...
Data on Copper Inventories in Major Regions] As of Monday, December 23, SMM copper inventories in major regions across China increased by 700 mt from last Thursday to 99,400 mt. However, the total ...
Domestic Ingot Supply Tightens, Lead Prices May Rebound After Testing Lows] China's December LPR remained unchanged for two consecutive months, and the industry expects monetary policy adjustments to ...
Last Friday, LME zinc opened at $2,960/mt and initially fluctuated upward above the daily moving average, reaching a high of $2,997.5/mt. Subsequently, during a period of fluctuating downward movement ...
Last Friday night, LME copper opened at $8,892.5/mt, dipped to $8,880.5/mt at the beginning of the session, then fluctuated upward, reaching a high of $8,953.5/mt near the session's end, and finally ...
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 ...