Prices Under Pressure at the Bottom, Market Awaits Demand Recovery] On November 18, Fugu magnesium ingot was quoted at 16,000-16,100 yuan/mt, with FOB prices at $2,240-2,340/mt. Magnesium prices found ...

From January to October, NEV exports reached 2.014 million units, up 90.4% YoY. Among these, passenger NEV exports were 1.944 million units, up 89.3% YoY; new energy commercial vehicle exports were 70 ...

SHFE Aluminum Pulls Back Further, Spot Cargo Trading Sentiment Gradually Improves] Overall, driven by macro tailwinds and capital flows, aluminum prices surged higher. However, domestic fundamentals ...

Inventory Buildup Weighs on Market as LME and SHFE Lead Give Up Previous Gains] SMM Nov 18: Overnight, LME lead opened at $2,060.5/mt. As the US dollar index strengthened, LME lead continued to ...

High Copper Prices in October Constrained Copper Rod Demand, Will It Recover in November?] According to SMM statistics, national copper rod production in October was 984,600 mt, a decrease of 104,200 ...

Domestic and Overseas Inventory Accumulation Increases, Short-Term Lead Prices May Continue in the Doldrums] Fed Chairman frontrunner and Federal Reserve Governor Waller supports an interest rate cut ...

LME copper opened at $10,796/mt overnight, initially fluctuating upward to touch a high of $10,817/mt, then the price center gradually moved downward to touch a low of $10,756.5/mt, before fluctuating ...

According to official information from Guangxi Nanko Copper Co., Ltd., bidding began today for the sale of 5 mt of tellurium ingots (99.99%). Specifications: Tellurium: ≥99.99%; Cu: ≤0.001; Pb: ≤0.002 ...

Prices Pull Back Amid Resilient Consumption, Enterprise Restocking Sentiment Rebounds Slightly] Yesterday, aluminum prices experienced a significant correction, with the SMM A00 spot aluminum price ...

During the night session, the tin market maintained a fluctuating rangebound trend, with downstream and end-users remaining in a wait-and-see stance. [SMM Tin Morning Brief] Futures: The most-traded ...

Expectations for US Fed Interest Rate Cuts Continue to Weaken, LME Zinc Center Shifts Downward] Overnight, the LME zinc contract opened at $3,011/mt. Initially, it fluctuated along the daily average ...

SMM Zinc Morning Comment] Overnight, the most-traded SHFE zinc 2512 contract opened at 22,460 yuan/mt. At the beginning of the session, it briefly touched a high of 22,465 yuan/mt, but then bulls ...