Metal12m
AITO M9 so far records over 200,000 units of fixed orders
On September 10, 2024, AITO introduced the M9 five-seater variant to the market with three variants: the Max REEV (range-extended electric) version (469,800 yuan), Ultra REEV version (529,800 yuan), ...
Metal28m
Tianjin Zinc: Premiums Decline as Downstream Adopts a Wait-and-See Attitude [SMM Midday Review]
Premiums Decline, Downstream Holds a Wait-and-See Attitude]: The mainstream transaction price of 0# zinc ingot in the Tianjin market was 25,940–26,110 yuan/mt, Zijin traded at 26,080–26,190 yuan/mt, ...
Metal29m
Guangdong Zinc: Futures Market Dropped Back Slightly, Some Traders Saw Improved Transactions [SMM Midday Review]
Futures Market Dropped Back Slightly, Some Traders Saw Improved Transactions] SMM News on December 27: The mainstream transaction price of Guangdong 0# zinc was 25,770-25,970 yuan/mt. Mainstream ...
Metal32m
Ningbo Zinc: Some Traders Begin Preselling, While Downstream Buying Sentiment Remains Low [SMM Midday Review]
Some Traders Begin Presales, Low Buying Sentiment From Downstream] The transaction price of mainstream 0# zinc brands in the Ningbo market was around 26,100-26,280 yuan/mt. Regular brands in Ningbo ...
Metal50m
US Dollar Strengthens, SHFE Tin Prices Weaken Overall [SMM Tin Midday Review]
Review: Strong US Dollar, SHFE Tin Prices Weaken Overall] This morning, SHFE tin futures prices showed a fluctuating downward trend. At the opening, the most-traded SHFE tin contract started the day ...
Metal52m
Producers Offer Discounts to Clear Inventory; Spot Premiums/Discounts Plummet for SMM North China Spot Copper
Today, spot copper cathode in North China was quoted at a discount of 380-220 yuan/mt against the front-month contract, with an average discount of 300 yuan/mt, down 120 yuan/mt from the previous ...
Metal53m
Import Profit Margins Narrow, Spot Transactions in the USD Copper Market Hard to Find at Week's End [SMM Yangshan Spot Copper]
Currently, pyro high-quality copper warehouse warrant prices were $77/mt, mainstream pyro $70/mt, and wet-process $63/mt; high-quality copper B/L prices were $72/mt, mainstream pyro around $65/mt, and ...
Metal1h
Year-End Effect Evident as Downstream Purchasing Desire Remains Sluggish; Spot Premiums Continue to Decline [SMM South China Spot Copper]
However, downstream purchasing interest was sluggish, forcing suppliers to continuously lower prices, though the effect was minimal, and transactions remained inactive. As of 11:00 a.m., premiums for ...
Metal1h
China's Sheets & Plates Import and Export in November 2024
China imported a total of 393,800 mt of sheets & plates, down 12.14% MoM and 22.89% YoY. From January to November 2024, China imported a total of 5.17 million mt of sheets & plates, down 13.25% YoY.
Metal2h
Solar Cell Production Schedule Is Expected to Decline, While Silicon Wafer Increases Slightly [SMM Silicon-Based PV Morning Meeting Summary]
Solar Cell Production Schedule Expected to Decline, While Silicon Wafer Increases Slightly] Some leading manufacturers confirmed production cuts in January. After the increase in solar cell prices, ...
Metal2h
The operating rate of copper wire and cable enterprises declined as expected this week and is not expected to have hit bottom yet [SMM Analysis].
Operating Rates of Copper Wire and Cable Enterprises Declined as Expected This Week, Current Levels Are Expected Not to Have Hit Bottom Yet] This week (12.20-12.26), the operating rate of SMM copper ...
Metal2h
SMM Morning Comment For SHFE Base Metals (Dec 27)
Futures Market: Overnight, the most-traded SHFE aluminum 2502 contract opened at 19,800 yuan/mt, hit a high of 19,850 yuan/mt, a low of 19,725 yuan/mt, and closed at 19,730 yuan/mt, down 30 yuan/mt or ...