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China's Copper Cathode & Secondary Copper Rods Both Weak: What's Happening in the Market?
Oct 25, 2024 09:41
The "September-October peak season," traditionally a peak season for copper rods, has shown weak consumption this year. The peak season is not as strong as expected, with new orders hard to sustain. This lack of significant consumption recovery is not only seen in the copper cathode rod industry but also in the secondary copper rod industry. Recently, the market has shown weakness in both copper cathode rods and secondary copper rods. What are the reasons behind this? Below is a detailed analysis of the recent market situation:
PV Module Supply Chain Moves Towards Global Layout | Overseas Module Capacity Data Survey [SMM Analysis]
SMM, Oct 30: In recent years, the global demand for renewable energy has been continuously growing. As an important part of clean energy, the PV industry has received strong support from policies and markets in various countries.
Oct 30, 2024 13:39
Silver Prices Continue to Rise: How Has the Demand for Electrical Silver Changed? [SMM Analysis]
SMM, Oct 30: Driven by multiple policies this year, the demand for silver in the electrical alloy industry has increased compared to last year, with a noticeable improvement in order volume.
Oct 30, 2024 13:34
In Q3, the total export volume of magnesium ingots remained stable, while exports to the Netherlands were halved. What are the reasons? [SMM Analysis]
According to customs data, in September 2024, China's magnesium product exports amounted to 33,400 mt, down 9.97% MoM, up 11.3% YoY.
Oct 30, 2024 10:45
Car and City: China’s passenger vehicle registrations in Sept. 2024 grow both YoY, MoM
In Sept. 2024, locally manufactured passenger vehicle registrations in the Chinese Mainland reached 2,129,191 units, marking YoY and MoM increases of 11.55% and 10%, according to the data compiled by ...
Oct 30, 2024 10:33
Domestic spot alumina transaction prices continue to rise! [SMM Morning Comment Oct 30]
Futures market: The overnight the most-traded alumina 2501 contract opened at 5,010 yuan/mt, with a high of 5,037 yuan/mt, a low of 4,955 yuan/mt, and closed at 4,991 yuan/mt, up 16 yuan/mt, an increase of 0.33%.
Oct 30, 2024 09:56
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