Metal6h
Net imports of primary aluminum for the full year 2024 are up 44.8% YoY, while the import window remains closed [SMM Analysis].
Net Imports of Primary Aluminum Up 44.8% YoY in 2024, Import Window Remains Closed] SMM, January 20: Primary Aluminum Imports: According to data from the General Administration of Customs, China's ...
Metal11h
Domestic Inventory Slightly Increased, Zinc Prices May Fluctuate Downward in the Short Term [SMM Zinc Futures Brief Review]
Domestic Inventory Slightly Increased, Zinc Prices May Fluctuate Downward in the Short Term]: The most-traded SHFE zinc 2503 contract opened at 24,335 yuan/mt. At the beginning of the session, longs ...
Metal9h
December Imported Copper Cathode Exceeds Expectations with Over 3.7 Million mt Expected for 2024 Annual Imports [SMM Analysis]
SMM Analysis] According to data from the General Administration of Customs, China imported a total of 3.7388 million mt of copper cathode in 2024, up 6.49% YoY. Among them, December imports were ...
Metal10h
Myanmar Ore Imports in December Have Not Yet Recovered; Ion-Adsorption Ore Supply in the Rare Earth Market Remains Tight [SMM Analysis]
[SMM Analysis: Myanmar Ore Imports Remain Unrecovered in December, Ion-Adsorption Ore Supply in the Rare Earth Market Is Tight] In 2024, China's total imports of unlisted rare earth oxides reached ...
Metal10h
High-Grade NPI Costs Remain Firm; Short-Term Prices May Still Have Room for Recovery [NPI Daily Review]
[SMM Daily Review: High-Grade NPI Costs Remain Firm, Short-Term Prices May Still Have Room for Adjustment] January 20—The SMM 8-12% high-grade NPI average price was 940 yuan/mtu (ex-factory, tax ...
Metal13h
SHFE Aluminum Center Shifts Downward, Alumina Fluctuates Rangebound [SMM Aluminum Futures Brief]
Today, the most-traded SHFE aluminum 2503 contract opened at 20,550 yuan/mt, with a high of 20,550 yuan/mt, a low of 20,345 yuan/mt, and closed at 20,405 yuan/mt, down 0.17%. Trading volume was ...
Metal9h
SHFE Lead Dropped Back Slightly by the Close, Gained 0.45% Today [Brief Review of Lead Futures]
[SMM Lead Futures Brief Review] During the day, the most-traded SHFE lead 2503 contract opened at 16,750 yuan/mt. After the opening, it first declined and then rebounded, reaching a high of 16,840 ...
Metal8h
BYD posts 13.79% YoY jump in 2024 full-year bus exports
Shanghai (Gasgoo)- In 2024, BYD exported 3,582 new energy buses in the overseas market, representing a 13.79% year-on-year (YoY) jump and raising its market share to 23.19% in China's corresponding ...
Metal10h
Chinese New Year Is Approaching, Scrap Utilisation Enterprises Begin to Take Holidays [SMM Secondary Copper Daily Review]
The price of secondary copper raw material dropped by 500 yuan/mt MoM today. The price of Guangdong bare bright copper was 68,400-68,600 yuan/mt, down 500 yuan/mt MoM from the previous trading day.
Metal13h
Market Risk Appetite Declines as the Most-Traded BC Copper Contract Pulls Back [SMM BC Copper Commentary]
[SMM BC Copper Commentary: Market Risk Appetite Declines, BC Copper Most-Traded Contract Pulls Back] SMM, January 20: Today, the most-traded BC copper 2502 futures contract opened lower and moved ...
Metal13h
China's passenger vehicle retail sales estimated at 1.75 million units in January 2025: CPCA
Beijing (Gasgoo)- Preliminary estimates from the China Passenger Car Association (CPCA) indicate that China's passenger vehicle retail sales are expected to reach approximately 1.75 million units in ...
Metal14h
1.2: Macro Recovery Drives Aluminum Prices Up, Aluminum Billet Processing Fees Narrowly Adjusted [Daily Review of Spot Aluminum Billets]
On January 20, SMM A00 aluminum closed at 20,260 yuan/mt, down 80 yuan/mt, with a discount of 60 yuan/mt to the February contract, up 20 yuan/mt. The price spread between Henan and Shanghai was -140 ...