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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database ...
Mixed Bullish and Bearish News, Tug-of-War Between Sellers and Buyers Makes It Hard to Determine the Winner - How Will the Magnesium Market Perform in the Future?] As August approaches its halfway ...
[SMM spot copper] Tomorrow is the last trading day for the SHFE copper 2508 contract. It is expected that the sentiment of suppliers to sell will decrease, but as it is Friday, some downstream buyers ...
Silver prices continued to hold up well, with the spot-futures price spread between the SHFE silver 2510 contract and TD silver remaining at 30-32 yuan/kg during the day. Some suppliers were still ...
Today, the SMM #1 lead average price fell by 50 yuan/mt from yesterday to 16,700 yuan/mt. Suppliers of secondary refined lead offered limited quotations, with low willingness to sell. Mainstream ...
Today, spot #1 copper cathode in North China is trading at a discount of 90 yuan/mt to 80 yuan/mt against the front-month contract, with an average discount of 70 yuan/mt, up 30 yuan/mt from the ...
Four Converging Factors in 2025 Undermine Southeast Asia’s Comparative Advantage】In 2025, Southeast Asia’s scrap aluminum market plunged into a deep contraction, with export volumes dropping sharply.
Tight Supply of Aluminum Scrap Drives Up Costs; Short-Term Focus on Consumption Improvement] Aluminum prices expanded their gains on Wednesday, with aluminum scrap prices accelerating their upward ...
Recently, with domestic major steel mills entering the bidding market, the molybdenum iron market has seen active ...
Overnight, the most-traded SHFE lead contract opened lower with a gap at 16,880 yuan/mt. After consolidating around the 16,900 yuan/mt level under pressure in the early session, it fluctuated downward ...
Overnight, LME lead opened at $2,013.5/mt. During the Asian session, it consolidated around the intraday average line. Entering the European session, it rose to a high of $2,019/mt before fluctuating ...
Overnight, LME copper opened at $9,846/mt, reaching a high of $9,847/mt shortly after the opening bell. It then fluctuated considerably downward during the session, touching a low of $9,810.5/mt near ...
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