EMM Prices Remain Firm, Market Temporarily Stable] The average spot price of EMM in major production areas stood at 12,400-12,600 yuan/mt, flat MoM; FOB prices averaged $1,700-1,740/mt, also flat MoM.

LME copper opened at $9,263/mt, initially reaching a high of $9,274/mt before trending downward to a low of $9,124/mt. It ...

Futures Fluctuate Upward, Market Remains Stable] The SM2505 contract opened at 6,750 yuan/mt, fluctuated upward after the morning session, and finally closed at 6,764 yuan/mt, up by 1.08%. The daily ...

[US Secondary Copper Raw Material Exports: Slight Decline in Chinese Demand, Thailand Market Emerges] According to SMM, in November 2024, US secondary copper raw material exports reached 86,800 mt, up ...

[SMM BC Copper Commentary: Market Risk Appetite Declines, BC Copper Most-Traded Contract Pulls Back] SMM, January 20: Today, the most-traded BC copper 2502 futures contract opened lower and moved ...

Beijing (Gasgoo)- Preliminary estimates from the China Passenger Car Association (CPCA) indicate that China's passenger vehicle retail sales are expected to reach approximately 1.75 million units in ...

On January 20, SMM A00 aluminum closed at 20,260 yuan/mt, down 80 yuan/mt, with a discount of 60 yuan/mt to the February contract, up 20 yuan/mt. The price spread between Henan and Shanghai was -140 ...

According to statistics from the General Administration of Customs, China exported approximately 39,200 mt of various magnesium products in December 2024, up 4.81% MoM and up 9.80% YoY. The export ...

Regarding the Chinese New Year break and stockpiling situation of downstream aluminum extrusion enterprises, SMM conducted a survey and selected some findings for readers' reference: ...

Today, baled UBC aluminum scrap was quoted at 14,850-15,700 yuan/mt (excluding tax), and shredded aluminum tense scrap was quoted at 16,350-17,850 yuan/mt (liquid aluminum, excluding tax).

SMM Spot Copper] During the day, mainstream standard-quality copper was quoted at a premium of 40 yuan/mt to 60 yuan/mt against the front-month contract, while high-quality copper was quoted at a ...

How Is the Holiday Arrangement of Galvanising Enterprises During the Chinese New Year? As the Chinese New Year holiday approaches, galvanising enterprises are gradually planning their holiday ...