Metal4m
Nickel Prices Fluctuate Upward With a Relatively Stable Trend as Market Inquiries Heat Up [SMM Nickel Morning Meeting Summary]
Spot Premiums/Discounts: Today, the mainstream spot premiums for Jinchuan No. 1 Nickel were quoted in the range of 2,300-2,800 yuan/mt (2503 contract), with an average premium of 2,550 yuan/mt, up by ...
Metal9m
Domestic Alumina Operating Capacity Increases; Recently, Spot Alumina Fluctuates Downward [SMM Alumina Morning Comment]
Spot-Futures Price Spread Daily Report: According to SMM data, on February 6, the SMM alumina index showed a premium of 255 yuan/mt against the most-traded contract's latest transaction price at 11:30 ...
Metal35m
High Inventory and Sluggish Trading as Market Awaits Data Guidance [SMM Copper Morning Comment]
Inventory Levels Remain High Amid Sluggish Trading as Market Awaits Data Guidance] Macro side, US initial jobless claims for last week reached 219,000, compared to an expectation of 213,000. Meanwhile ...
Metal37m
Sichuan Aluminum Plant Gradually Resumes Production; Market Focuses on January Non-Farm Payrolls Data Guidance [SMM Aluminum Morning Meeting Summary]
Sichuan Aluminum Plants Gradually Resume Production, Market Focuses on January Non-Farm Payrolls Data Guidance] Macro side, US initial jobless claims mildly increased last week, and the Bank of ...
Metal41m
US Fed's Interest Rate Cut Temporarily Paused; Spot Market Remains Sluggish [SMM Tin Morning News]
US Fed's Interest Rate Cuts Temporarily Halt, Spot Market Remains Sluggish [SMM Tin Morning Brief] The US ADP employment data for January showed an increase of 183,000, significantly exceeding the ...
Metal41m
Lead Ingot Trading Gradually Recovers, Lead Prices Fluctuate Upward [SMM Lead Morning Meeting Summary]
Overnight, the most-traded SHFE lead 2503 contract opened at 17,060 yuan/mt, briefly touching a low of 17,015 yuan/mt in early trading. By the end of the session, it edged up to a high of 17,090 ...
Metal44m
Bears Enter, SHFE Zinc Center Slightly Moves Downward [SMM Zinc Morning Comment]
[SMM Zinc Morning Comment] The most-traded SHFE zinc 2503 contract opened at 23,615 yuan/mt. At the beginning of the session, SHFE zinc fluctuated along the daily moving average. Subsequently, bulls ...
Metal44m
US Dollar Index Rallied Overnight, Pressuring Lead Futures to Weaken [SMM Lead Morning Brief]
[SMM Lead Morning Brief: US Dollar Index Rose Overnight, Pressuring Lead Futures to Weaken] SMM February 7 News: Overnight, LME lead opened at $2,004/mt, briefly touching a high of $2,014/mt during ...
Metal54m
Macro Sentiment Bullish, LME Zinc Surges Significantly [SMM Morning Meeting Notes]
Macro Sentiment Bullish, LME Zinc Surged Significantly]: Overnight, LME zinc opened at $2,792.5/mt. At the beginning of the session, LME zinc briefly declined to a low of $2,783.5/mt. Subsequently, ...
Metal1h
Vedanta is expected to raise $1 billion through debt financing to fund a copper mine in Zambia.
According to Webstock Inc., citing foreign media on February 6, Chris Griffith, head of Vedanta Resources' base metal unit, stated that the company is attempting to raise approximately $1 billion in ...
Metal12h
Should Trump's tariffs take effect, how will they transform the aluminium market?
On February 2, U.S. President Donald Trump announced a 25% tariff on imports from Canada and Mexico, alongside an additional ...
Metal13h
DENZA N9 PHEV edition set to hit market in March
DENZA's Sales Division General Manager Mr. Zhao Changjiang said on February 2 that the DENDA N9 will begin pre-sales this month and hit the market in March. Shanghai (Gasgoo)- DENZA's Sales Division ...