News

According to SMM, the composite operating rate of the enamelled wire industry in June was 69.93%, down 2.33 percentage points WoW and up 1.27 percentage points YoY. Among them, the operating rate of ...
[SMM Analysis: Operating Rates of Copper Foil Enterprises Continue to Rise, with Lithium Battery Demand Driving Growth] According to SMM, the operating rate of copper foil enterprises in June 2025 was ...
News: US Tariffs Become the Biggest Influencing Factor, Lead Prices Fall Both Domestically and Overseas] SMM reported on July 8: Overnight, LME lead opened at $2,058/mt. Affected by the uncertainty of ...
Lead Prices May Show a Pullback and Consolidation Trend Amid Tariff Risks and Expected Increase in Supply] Trump's First Wave of Tariff Letters in the US: Starting August 1, the US will impose a 25% ...
US Issues Non-Reciprocal Tariff Notifications to Multiple Countries, Copper Prices Under Short-Term Pressure] On July 7, spot premiums for SMM #1 copper cathode against the 2507 contract for the ...
Maintenance Statistics] According to SMM statistics, during this week (from July 5 to July 11), the impact of blast furnace maintenance on pig iron production was... [SMM Weekly Maintenance Statistics ...
Comment: SHFE Zinc Falls Driven by LME] Overnight, the most-traded SHFE zinc 2508 contract opened at 22,070 yuan/mt. Early in the session, bulls continued to reduce their positions. During the period ...
Daily data from the London Metal Exchange (LME) showed that before its new warehouse in Hong Kong officially opened in mid-July, it had already attracted 100 mt of copper stored in a "non-warrant" ...
Futures Market: The most-traded SHFE tin contract (SN2508) maintained low-level consolidation during the night session, eventually closing near 263,600 yuan/mt, down 0.76% from the previous trading ...
Tariff Issues Resurface, LME Zinc Continues to Decline]: Overnight, LME zinc opened at $2,733.5/mt. In the early session, LME zinc briefly rose to a high of $2,734.5/mt. Subsequently, bulls reduced ...
Similar to Jinrui Futures, Zhongtai Futures established short exposure when futures prices encountered resistance during the upward trend and reduced some positions as tin prices pulled back. Today, ...
Domestic inventory continues to increase, SHFE zinc center shifts downward]: The most-traded SHFE zinc 2508 contract opened at 22,250 yuan/mt. In the early trading session, bulls increased their ...