Lopal Achieves Another Breakthrough in LFP Cathode Material Sales

The Thai Ministry of Industry recently intercepted 714 illegal waste containers at Laem Chabang Port and initiated repatriation procedures, while simultaneously shutting down over 100 non-compliant and high-pollution dismantling plants in Q1 2026. Since the global supply chain restructuring in 2025, Thailand has emerged as a critical hub with an annual copper scrap export volume of 332,000 physical tonnes. Should Thailand’s environmental oversight remain under high-pressure, the market widely expects the Asian copper scrap supply side to face increasing tightness.

[SMM Tin Midday Commentary: The Geopolitical Situation Lacks Clear Guidance, and Repeated Swings in Macro Sentiment Put Futures Under Pressure Again]

[SMM Aluminum Alloy Daily Review] Futures side, before midday the most-traded aluminum alloy 2605 contract retreated after a rapid rise and then fluctuated downward. After opening, the price rose rapidly to an intraday high of 23,985 yuan/mt, then pulled back under pressure, with the session low falling to 23,535 yuan/mt. As of the midday close, it stood at 23,630 yuan/mt, down 115 yuan from the previous trading day, a decline of 0.48%. Spot side, ADC12 market prices were mainly stable today. As fluctuations in aluminum prices and aluminum scrap prices narrowed, cost support tended to stabilize, and enterprises generally lacked the motivation to adjust prices. Meanwhile, downstream demand showed no obvious improvement, with procurement still mainly driven by rigid demand, and market transa