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SMM Exclusive: China October Metal Production Report (October Review & November Forecast)
Nov 12, 2024 11:48
In October, SMM China's copper cathode production decreased by 8,600 mt MoM, a decline of 0.86%, but increased by 0.19% YoY, and exceeded expectations by 2,200 mt.
SMM Morning Comment For SHFE Base Metals (Dec 20)
Overnight, LME copper opened at $8,915.5/mt, fluctuated rangebound in early trading, and slightly rose during the session to a high of $8,936.5/mt. The center shifted downward to a low of $8,859.5/mt, and LME copper closed at $8,885/mt, down 1.77%.
Dec 20, 2024 10:04
Why Has Raw Material Inventory of Die-Casting Zinc Alloy Enterprises Hit a Yearly Low? [SMM Analysis]
According to SMM data, during the week of November 25–29, raw material inventory of die-casting zinc alloy enterprises dropped to a yearly low, hitting bottom at 7,145 mt, down 28.97% YoY.
Dec 18, 2024 15:57
SMM Morning Comment For SHFE Base Metals (Dec 18)
Overnight, LME copper opened at $8,984/mt, briefly bottomed at $8,964/mt in early trading, and then fluctuated rangebound throughout the session, reaching a high of $9,010/mt near the close and finally settling at $9,006.5/mt, down 0.65%.
Dec 18, 2024 09:39
LME Zinc Fluctuates Downward, Focus on US Fed Monetary Policy Meeting Decision [SMM Zinc Morning Comment Dec 18]
Overnight, LME zinc opened at $3,050.5/mt. At the beginning of the session, a tug-of-war between longs and shorts caused LME zinc to fluctuate around the daily moving average.
Dec 18, 2024 09:35
The Central Economic Work Conference Proposes Stabilizing the Real Estate Market: Can the Die-Casting Zinc Alloy Real Estate Sector Regain Vitality? [SMM Analysis]
The Central Economic Work Conference was held in Beijing from December 11 to December 12, where it was emphasized that a more proactive fiscal policy should be implemented to comprehensively expand domestic demand.
Dec 17, 2024 10:38
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