SMM Silicon Wafer Price Review

According to SMM statistics, last week, aluminum ingot outflows from warehouses were 85,500 mt, down 18,900 mt.

SMM nickel-chrome-manganese-stainless steel industry chain price list

SMM renewable energy industry data

SMM renewable energy industry data

SMM data SMM A00 aluminium prices and discounts & premiums

Rebar futures market closed up 1.31% at 3,713 yuan/mt.

SHFE 2308 nickel contract opened at 169,210 yuan/mt at the night session on July 28, and closed at 171,910 yuan/mt, down 1,730 yuan/mt.

On Thursday, LME lead opened at $2147/mt, hit a session low of $2146.5/mt at the beginning and then shook up to $2175/mt, and finally closed at $2156.5/mt, up $11.5/mt, or 0.54%.

LME copper prices closed at $8,551/mt last evening, down 0.62%. Trading volume was 16,000 lots and open interest stood at 275,000 lots. The most active SHFE 2309 copper contract finished at 68,900 yuan/mt overnight, down 0.39%. Trading volume was 35,000 lots, and open interest stood at 184,000 lots.

Copper, as one of the bulk strategic materials, is an irreplaceable and important raw material in the national economy, having both commodity and financial attributes. China is the world's largest producer and consumer of copper semis. The application fields of copper semis continue to expand and the level of localisation continues to improve. The national 14th Five-Year Plan and high-quality development have put forward clear development directions and goals for copper-related industries. SMM analyses the future trend and main application fields of copper in China based on the current market supply and demand of copper in China and current policies.