Metal13h
Restocking Before Chinese New Year Fails to Halt the Decline, Silicon Metal Prices Continue to Drop [SMM Analysis]
Pre-Chinese New Year Restocking Fails to Halt Decline, Silicon Metal Prices Continue to Drop] From December to early January, spot silicon metal prices continued to decline, with the drop widening ...
Metal11h
December Copper Prices Jumped Initially and Then Pulled Back, January Copper Prices Rose Under Pressure [SMM Analysis]
[SMM Analysis] Copper prices jumped initially and then pulled back in December. In January, the US dollar index broke through the 109 level, first declining and then rebounding. A price spread between ...
Metal8h
China's passenger vehicle market hits all-time high in annual output, wholesales, exports
Shanghai (Gasgoo)- China's passenger vehicle (PV) market saw robust performance in December 2024, with retail sales reaching 2.635 million units in the domestic region, up 12% year-on-year and 8.7% ...
Metal11h
Domestic POE Breakthrough: Acceleration of Domestic POE Progress [SMM Analysis]
Subsequently, Mitsui Chemicals, LG Chem, and SK-SABIC introduced their respective POE products in 2003, 2009, and 2014. In 2013, Borealis acquired ExxonMobil's plant in the Netherlands, gaining POE ...
Metal1d
Orders on Hand Are Abundant; Orient Cable Invests 2 Billion Yuan to Expand Production | Quick Announcement Reading
Orders on hand are abundant. Orient Cable (603606.SH) is expected to sign an "Investment Agreement" with the Management Committee of Beihai Tieshan Port (Coastal) Industrial Zone, planning to invest 2 ...
Metal1d
Demand Continues to Weaken, SHFE Aluminum Fluctuates Slightly [SMM Aluminum Futures Brief]
On Friday night, the most-traded SHFE aluminum 2502 contract opened at 20,235 yuan/mt, with a high of 20,250 yuan/mt and a low of 20,125 yuan/mt, closing at 20,185 yuan/mt, up 0.65%. Trading volume ...
Metal1d
Copper Prices Rise as Traders Show Increasing Willingness to Pick Up Goods [SMM Analysis]
Copper Prices Rise, Traders Show Increasing Willingness to Pick Up Goods] According to SMM survey data, the operating rate of secondary copper rod reached 24.92% this week, up 3.18 percentage points ...
Metal2d
The situation of strong supply and weak demand still exists in January, with limited room for upward price correction [SMM Analysis].
Limited Upward Correction Space for Prices as Supply Remains Strong and Demand Weak in January] Stainless steel prices in December 2024 remained generally weak and stable. The average monthly price of ...
Metal2d
High-Grade NPI Costs Strongly Supported, Limited Downside Room for Short-Term Prices [NPI Daily Review]
[SMM Daily Review: Strong Cost Support for High-Grade NPI, Limited Downside Room for Short-Term Prices] On January 10, SMM 8-12% high-grade NPI average price was 933.5 yuan/mtu (ex-factory, tax ...
Metal2d
Year-End Multiple Factors Impact the Operating Rate of Copper Enamelled Wire Industry Machines Continues to Decline [SMM Analysis]
[Year-End Multiple Factors Impact Copper Enamelled Wire Industry, Machine Operating Rate Continues to Decline] This week, SMM surveyed the production and new orders status of 15 domestic enamelled ...
Metal2d
MMi Daily Iron Ore Report (Jan 10)
Today, DCE iron ore futures fluctuated upward throughout the day. The most-traded I2505 contract finally closed at 753.5 yuan/mt, up 0.53% for the day.
Metal2d
January 10 Nickel Ore Inventory [SMM Port Nickel Ore Inventory]
As of January 10, 2025, the nationwide port inventory of nickel ore continued destocking by 2 million wmt compared to January 3, 2025, reaching 8.396 million wmt. The total equivalent metal content ...