News

Shanghai Metals Market7m
【SMM Cobalt and Lithium Morning Meeting Minutes】Iron Phosphate Production Costs Decreased, Stand Firm on Quotes Strategy Proved Ineffective
This week, lithium ore prices continued to decline slowly WoW. On the spodumene side, despite overseas mines maintaining a firm stance on quotes, the continuous decline in lithium carbonate futures ...
Shanghai Metals Market6m
Anglo American Reports 15% Decline in Copper Production in Q1
On Thursday, April 24, global miner Anglo American reported a 15% YoY decline in copper production in Q1, but maintained its full-year production guidance unchanged. The London-listed miner stated ...
Shanghai Metals Market18m
White House Official: US Top-Level Tax Negotiators to Hold Meeting Next Week, Domestic Spot Market Transactions May Cool Down [SMM Tin Morning Brief]
US Top-Level Tax Negotiators to Hold Meeting Next Week. Domestic Spot Market Transactions May Cool Down [SMM Tin Morning Briefing] White House Official: US top-level tax negotiators will hold a ...
Shanghai Metals Market10m
Minister of Finance Lan Fo'an: China Advocates for Resolving Trade and Tariff Disputes Through Equal Dialogue and Consultation
Lan Fo'an stated that the current global economic growth lacks momentum, and tariff wars and trade wars further impact economic and financial stability. China firmly upholds the multilateral trading ...
Shanghai Metals Market26m
Annual Production of 120,000 mt! Phase II of the LFP Cathode Material Production Site by Indonesia Lithium Source Commences Construction
Battery Network learned that recently, under the strategic background of deepening new energy industry cooperation between China and Indonesia, Lopal (603906) held a groundbreaking ceremony for the ...
Shanghai Metals Market15m
SMM Cobalt Morning Meeting Summary: Overall Market Supply is Limited, Spot Prices for Cobalt Intermediate Products Remain Stable
Refined cobalt spot prices fluctuated upward this week. Supply side, the current market social inventory remained high, but the inventory structure showed slight differences. Supply side, due to raw ...
Shanghai Metals Market16m
U.S. Stocks Close: US Fed Officials Wave the Flag of Interest Rate Cuts, S&P 500 Rises for Three Consecutive Days Approaching Key Resistance Level
Piper Sandler's chief market technical analyst, Craig Johnson, noted, unless the bulls break through the 5,500 level, preferably accompanied by an increase in trading volume, the market may continue ...
Shanghai Metals Market25m
Expectations for US Fed Interest Rate Cut Heat Up Again, Boosting Copper Prices, Tariff Uncertainty Caps Overnight Gains [SMM Copper Morning Comment]
Expectations for US Fed Interest Rate Cut Heat Up Again, Boosting Copper Prices, Tariff Uncertainty Caps Overnight Gains】Macro side, US Fed's Harker: If economic data becomes clear, the US Fed may cut ...
Shanghai Metals Market17m
Macro Sentiment Improved, Fundamental Support Remained, Aluminum Prices Fluctuated at Highs [SMM Aluminum Morning Meeting Summary]
Improved Macro Sentiment and Fundamental Support Keep Aluminum Prices Fluctuating at Highs. Macro-wise, the domestic positive macro atmosphere remains unchanged. Yesterday, Trump indicated a potential ...
Shanghai Metals Market32m
Expectations for US Fed Interest Rate Cuts Heat Up, LME Zinc Center Shifts Upward [SMM Zinc Morning Meeting Summary]
Expectations for US Fed Interest Rate Cut Heat Up, LME Zinc Center Rises: Overnight, LME zinc opened at $2,639/mt. After opening, it fluctuated rangebound around the daily average line, touching a low ...
Shanghai Metals Market32m
Zinc Ingot Social Inventory Continued to Decline, SHFE Zinc Rose in Night Session [SMM Zinc Morning Comment]
Comment: Zinc Ingot Social Inventory Continues to Decline, SHFE Zinc Rises in Night Session. Overnight, LME zinc opened at $2,639/mt. After opening, LME zinc fluctuated rangebound around the daily ...