SMM A00 Aluminium Prices Drop in East China (Apr 10, 2023)

SHANGHAI, Apr 14 (SMM) – The SMM prices of battery-grade lithium hydroxide (56.5%, domestic, coarse particles) today are as below.

SMM standard #553 siliocn metal price in east China was quoted at 15,700-15,800 yuan/mt, down 150 yuan/mt on average. Prices of above-standard #553 silicon metal fell 200 yuan/mt t

LME copper prices closed at $9,001/mt last evening, up 0.23%. Trading volume was 14,000 lots and open interest stood at 251,000 lots. SHFE 2305 copper contract finished at 69,460 yuan/mt last evening, down 0.34%. Trading volume was 33,000 lots, and open interest stood at 172,000 lots.

SHANGHAI, Mar 30 (SMM) – The daily changes of SMM ADC12 secondary aluminium alloy prices are as below.

SMM reported that the price for platinum dropped on March 29.

SHANGHAI, Mar 8 (SMM) - The most-traded SHFE 2304 aluminium contract opened at 18,530 yuan/mt overnight before closing at 18,475 yuan/mt, down 195 yuan/mt or 0.89%.

Overnight, LME lead opened at $2,111/mt, and plummeted to the lowest point at $2,072.mt due to the unexpected hawkish remark from Powell, and finally closed at $2,086.5/mt, a decrease of 0.9%.

SHANGHAI, Mar 7 (SMM) - In February, the capacity utilisation rates of mines in Hebei showed an upward trend.

As far as the global lithium market is concerned, the increase in the world's known reserves could further depress the price of the metal, which of course ultimately depends on Iran's ability to produce and export lithium, which, unlike other minerals, is expensive and difficult to extract.

According to SMM research, a cold-rolled coil factory in south China started a one-week production suspension for maintenance today.