Metal1h
PV Film export volume in October decreased by 9% MoM, with strong demand in the Polish and US markets [SMM Analysis]
According to customs data, PV film exports in October were 2,899.4 mt, down 9% MoM and 12% YoY. The export value in October ...
Metal1h
Secondary Copper Raw Material Shortage in the Spot Market: Will There Be a Turnaround in December? [SMM Analysis]
According to SMM, the current supply of secondary copper raw materials in the spot market is relatively low, raising concerns about a supply deficit. So, will this situation improve in December? Here ...
Metal2h
US Fed's December Rate Cut Remains Uncertain, Copper Prices Decline Again Overnight [SMM Copper Morning Comment]
Overnight, LME copper opened at $9,693.5/mt, initially dropped to $9,680/mt, then fluctuated upwards, hitting a high of $9,816.5/mt during the session, and finally fluctuated widely to close at $9,805 ...
Metal1h
Temporarily Tight Spot Market vs. Moderate Downstream Consumption: Lead Prices May Fluctuate Upward in the Short Term [SMM Lead Morning Comment]
Overnight, LME lead opened with a gap at $2,017.5/mt, fluctuated rangebound during the Asian session, dipped to $2,005/mt in the European session, then rebounded to $2,035.5/mt, and finally pulled ...
Metal1h
Significant Increase in Copper Rod Export Prices: Will Ordinary Trade Quotations Cease? [SMM Analysis]
Overnight, LME copper opened at $9,693.5/mt, initially dropped to $9,680/mt, then fluctuated upwards, hitting a high of $9,816.5/mt during the session, and finally fluctuated widely to close at $9,805 ...
Metal2h
SHFE Zinc Records a Bullish Candle, Daily K-line Center Shifts Upward [SMM Zinc Morning Comment]
Overnight, LME zinc opened at $3,007/mt. At the beginning of the session, LME zinc fluctuated upward above the daily average line. Near midday, it fluctuated downward below the daily average line.
Metal1h
SMM Nickel Market Morning Comment (Nov 27)
Futures market: On November 26, following a 1.29% increase during the night session to 128,710 yuan/mt, the most-traded SHFE nickel contract opened lower and experienced wide fluctuations, closing at ...
Metal1h
November EVA production is expected to slightly decrease, with demand remaining stable [SMM Analysis]
PV-grade EVA production in November is expected to decrease by 6.5% MoM. The specific situation is as follows: ...
Metal2h
Trump Stirs Up Tariff Controversy Again, Aluminum Market Risk Aversion Intensifies [SMM Aluminum Morning Comment]
The most-traded SHFE aluminum 2501 contract opened at 20,560 yuan/mt overnight.
Metal1h
NIO's 2,700th power swap station in China goes live
As of November 25, 2024, NIO has built a total of 2,702 PSSs, 895 of which are located along highways, and also deployed 4,125 charging locations with 24,242 charging piles across China.
Metal2h
SMM Morning Comment For SHFE Base Metals On November 27
Futures market: On November 26, following a 1.29% increase during the night session to 128,710 yuan/mt, the most-traded SHFE nickel contract opened lower and experienced wide fluctuations, closing at ...
Metal20h
The Backlog in Xinjiang Gradually Eases, Outflows from Warehouses Continue to Increase but Fail to Prevent Month-End Inventory Buildup [SMM Analysis]
According to an SMM survey, multiple sources reported that railway shipments in Xinjiang have been continuously improving.