Metal2h
Upstream Weekly Recap: Metro Mining falls short of 2024 bauxite shipment target; Vedanta secures second place in S&P Global (CSA)
Metro Mining has reached a new annual record with 5.7 million tonnes of wet bauxite shipped. Driven by consistent ...
Metal2h
Alba celebrates a new high of aluminium production – 2024
Aluminium Bahrain B.S.C. (Alba) yet again outperformed and achieved a new high of aluminium production in 2024. On Thursday, ...
Metal8m
Cautious Sentiment Prevails at the Beginning of the Week, EMM Remains Stable [SMM EMM Daily Review]
Market Mainly Observing at the Beginning of the Week, EMM Remains Stable] The average spot price of EMM in major production areas was 12,300-12,400 yuan/mt, flat MoM; the average FOB price was ...
Metal15m
Shanghai Zinc: Traders Face Slow Sales, Premiums Continue to Decline [SMM Midday Review]
Traders Struggle to Sell, Premiums Continue to Decline] Today, the mainstream transaction prices of 0# zinc were concentrated at 24,795-25,010 yuan/mt, with Shuangyan trading at 24,995-25,210 yuan/mt, ...
Metal21m
Tianjin Zinc: Downstream Enters Holiday Mode, Demand Weakens [SMM Midday Review]
Downstream Enters Holiday Mode, Demand Weakens]: The mainstream transaction price of 0# zinc ingot in the Tianjin market was 24,570-24,840 yuan/mt, Zijin traded at 24,630-24,880 yuan/mt, and 1# zinc ...
Metal59m
SHFE Tin Prices Remain Stable as Downstream Enterprises Show Low Purchasing Enthusiasm [SMM Tin Midday Review]
Review: SHFE Tin Prices Remain Stable, Downstream Enterprises Show Low Purchasing Enthusiasm] In the morning, the price of the SHFE tin 2502 contract exhibited some fluctuations. At the opening, SHFE ...
Metal1h
Delivery and Inventory Transfer Lead to Increased Social Inventory; Future Lead Inventory Requires Attention to the Consumption Side [SMM Analysis]
As of January 13, according to SMM, the total social inventory of lead ingots across five regions tracked by SMM reached 47,600 mt, down 600 mt from January 6 but up 1,700 mt from January 9. This ...
Metal1h
The SHFE/LME price ratio was basically flat WoW last Friday, with sluggish market transactions. [SMM Yangshan Spot Copper]
During the day, the SHFE/LME price ratio for the SHFE copper 2502 contract was around -485 yuan/mt, LME copper 3M-Feb was at C$52.84/mt, and the January 2501-February 2502 spread was around C$47.5/mt.
Metal1h
Secondary Lead: Weak Purchasing Willingness From Downstream Enterprises, Poor Transactions of Secondary Refined Lead [SMM Lead Midday Review]
Weak Purchasing Interest Among Downstream Enterprises, Poor Transactions of Secondary Refined Lead] SMM, January 13: Today, the SMM 1# lead average price increased by 100 yuan/mt WoW to 16,600 yuan/mt ...
Metal2h
Spot Premiums Plummet as Downstream Bargain Down Purchasing Prices Amid Large Weekend Arrivals [SMM South China Spot Copper]
Today, spot premiums for #1 copper cathode in Guangdong against the front-month contract were quoted at 300-350 yuan/mt, with an average premium of 325 yuan/mt, down by 235 yuan/mt from the previous ...
Metal1h
Ningbo Zinc: Downstream Gradually Goes on Holiday, Premiums Decline MoM [SMM Midday Review]
Downstream Gradually Goes on Holiday, Premium Declines MoM] The transaction price of mainstream 0# zinc brands in the Ningbo market was around 24,745-24,960 yuan/mt. Regular brands in Ningbo quoted a ...
Metal1h
Downstream Cargo Pick-Up Slows, Spot Premiums Weaken [SMM North China Spot Copper]
Today, spot copper in North China was quoted at a discount of 180-80 yuan/mt against the front-month contract, with an average discount of 130 yuan/mt, down 20 yuan/mt from the previous trading day.