Metal31m
In December 2024, domestic primary aluminum imports were approximately 161,400 mt, up 7.1% MoM and down 7.8% YoY [SMM data].
According to SMM data, China's primary aluminum imports in December 2024 were approximately 161,400 mt, up 7.1% MoM and down 7.8% YoY. According to customs data, China's primary aluminum imports in ...
Metal31m
In December 2024, domestic primary aluminum exports were approximately 12,800 mt, down 32.1% MoM and 13.9% YoY [SMM data].
[SMM Data: China's Primary Aluminum Exports in December 2024 Were Approximately 12,800 mt, Down 32.1% MoM and 13.9% YoY] According to data from the General Administration of Customs, China's primary ...
Metal13m
SMM Morning Comment For SHFE Base Metals (Jan 21)
LME copper opened at $9,178/mt, initially dipped to $9,149/mt, then surged to a high of $9,297/mt during the session, and fluctuated rangebound at the close, finally settling at $9,266/mt, up 0.92%.
Metal50m
Domestic Alumina Continues Net Export, Spot Prices Continue to Decline [SMM Morning Comment on Alumina]
Recently, the weekly operating rate of alumina has continued to increase slightly, with no significant changes on the demand side. Low-priced spot transactions have been frequent in the market, and ...
Metal1h
US Dollar Falls Back from Highs, Broad Base Metals Rally, Lead Prices Fluctuate Upward [SMM Lead Morning Meeting Summary]
Overnight, the most-traded SHFE lead 2503 contract opened at 16,785 yuan/mt, rose to a high of 16,875 yuan/mt in early trading before retreating to near the intraday moving average, and eventually ...
Metal1h
Trump Sworn in as President, SHFE Tin Surges to Recent Highs [SMM Tin Morning News]
Trump Sworn in as President, SHFE Tin Surges to Recent Highs [SMM Tin Morning Brief] Trump was officially sworn in as the President of the US. The US President-elect Trump stated that tariffs and ...
Metal1h
High-Grade NPI Costs Remain Firm, Transactions Sluggish as Holiday Approaches [SMM Nickel Morning Brief]
【1.21 Nickel Morning Meeting Summary】On January 20, the SMM battery-grade nickel sulphate index price was 26,534 yuan/mt, and the quotation range for battery-grade nickel sulphate was 26,310-26,990 ...
Metal1h
Market Concerns Over the US-China Trade War Ease, Copper Prices Rise Overnight [SMM Morning Comment on Copper]
Market Concerns Over US-China Trade War Ease, Copper Prices Rise Overnight] Macro side, Trump was officially sworn in as US President, delivering the longest inaugural address since 1929. He mentioned ...
Metal1h
US-China Trade War Concerns Ease, US Dollar Index Plunges, Bullish for Copper Prices [SMM Copper Morning Meeting Summary]
Easing US-China Trade War Concerns, US Dollar Index Plunges, Bullish for Copper Prices] On January 20, #1 copper cathode spot prices against the SHFE 2502 contract were quoted at a premium of 40-90 ...
Metal1h
US Dollar Index Falls Back from Highs, LME Zinc Center Slightly Moves Up [SMM Morning Meeting Summary]
US Dollar Index Falls Back From Highs, LME Zinc Center Slightly Moves Up] Overnight, LME zinc opened at $2,941.5/mt. Subsequently, bulls and bears engaged in a tug-of-war, with the LME zinc center ...
Metal1h
Trump Officially Takes Office! New Tariff Delay Weakens USD, Boosting Aluminum Prices [SMM Aluminum Morning Meeting Summary]
Trump Officially Takes Office! New Tariff Delay and Weaker US Dollar Boost Aluminum Prices] Macro side, on January 20, Trump officially took office and announced that new tariffs would not be imposed ...
Metal1h
Consumption Weakens Combined with Macro Impact, SHFE Zinc Maintains Fluctuating Trend [SMM Zinc Morning Comment]
Comment] Overnight, Trump officially took the oath of office as US President, mentioning topics such as tariffs, energy, and green policies, but made no mention of cryptocurrencies; US media reported ...