Metal49m
US Economic Data Shows Strong Resilience, US Dollar Index Rebounds Significantly, Copper Under Pressure
SMM, Oct 12: Macro front, US September non-farm payrolls data exceeded expectations. CPI recorded 2.4%. Consumer and employment data showed that although the US economy was still cooling after the ...
Metal1h
During the National Day holiday, the PV market saw transactions. How will the market perform in October?
SMM, Oct 12: Before the National Day, the PV market showed mixed trends. Polysilicon held prices firm; PV wafer prices ...
Metal1h
Post-National Day, aluminum ingot inventory build-up was less than expected, with a downward trend expected within the month
On October 10, 2024, SMM reported domestic aluminum ingot social inventory at 677,000 mt, with domestic available aluminum inventory at 551,000 mt, an increase of only 19,000 mt from pre-holiday (last ...
Metal1h
Current high inventory levels to hinder the rise of lithium carbonate prices
The most-traded SHFE 2306 aluminium contract opened at 18,125 yuan/mt overnight, with its low and high at 18,030 yuan/mt and 18,160 yuan/mt before closing at 18,115 yuan/mt, down 30 yuan/mt or 0.17%.
Metal1h
China Northern Rare Earth's Pr-Nd product listing prices in October increased by about 3% MoM
SMM, Oct 12: The listing prices for rare earth products released by China Northern Rare Earth on October 8, 2024, showed an increase in Pr-Nd product prices MoM. Pr-Nd oxide was priced at 415,700 yuan ...
Metal1h
Short-term zinc prices still face resistance upward
The most-traded SHFE 2306 aluminium contract opened at 18,125 yuan/mt overnight, with its low and high at 18,030 yuan/mt and 18,160 yuan/mt before closing at 18,115 yuan/mt, down 30 yuan/mt or 0.17%.
Metal1h
Lithium hydroxide prices are expected to continue a gradual decline
The most-traded SHFE 2306 aluminium contract opened at 18,125 yuan/mt overnight, with its low and high at 18,030 yuan/mt and 18,160 yuan/mt before closing at 18,115 yuan/mt, down 30 yuan/mt or 0.17%.
Metal1h
Rare earth prices will fluctuate rangebound in the short term
Under these circumstances, SMM forecasts that in the short term, rare earth prices will fluctuate rangebound. Chinese ADC12 Secondary Aluminium Alloy Importers Suffer Severe Losses Due To Falling ...
Metal16h
GAC Group to invest $27 million in Pony.ai
On the evening of October 10, GAC Group announced the resolutions of its 70th board meeting, which included a strategic ...
Metal3h
【SMM Analysis：Downstream demand is weak,September SiMn alloy production decreased MoM.】
SMM Analysis：Downstream demand is weak,September SiMn alloy production decreased MoM.】According to SMM data, China's total SiMn alloy production in September 2024 decreased by about 3% MoM and about ...
Metal11h
【SMM Analysis：Profit Margins Remain, Refined Cobalt Production Continues to Increase】
SMM Analysis：Profit Margins Remain, Refined Cobalt Production Continues to Increase】In September, China's refined cobalt production increased 8% MoM and was up 112% YoY. The main reason for the ...
Metal19h
【SMM Analysis】In September, domestic total production of lithium carbonate decreased by 6% MoM and was up 38% YoY.
According to SMM statistics, in September, domestic lithium carbonate total production continued to fluctuate at highs, down ...