Metal6m
Social inventory continues to decline; macro front still releasing positive signals [SMM Aluminum Morning Meeting Summary Oct 22]
SHANGHAI, Jul 24 (SMM) –SHFE 2308 tin contract jumped to 234,790 yuan/mt at last Friday’s night session, but then fell back rapidly, with a low at 231,500 yuan/mt before closing at 232,260 yuan/mt or ...
Metal4m
Overnight, the US dollar surged, accelerating the decline of LME zinc [SMM Zinc Morning Comment Oct 22]
SHANGHAI, Jul 24 (SMM) –SHFE 2308 tin contract jumped to 234,790 yuan/mt at last Friday’s night session, but then fell back rapidly, with a low at 231,500 yuan/mt before closing at 232,260 yuan/mt or ...
Metal19m
Consumption remained weak, and premiums were under pressure; copper prices retraced gains overnight [SMM Copper Morning Comment]
LME copper opened at $9,696.5/mt overnight, initially reaching a high of $9,707/mt before declining throughout the session, hitting a low of $9,548/mt.
Metal15m
SMM Nickel Market Morning Comment (Oct 22)
On October 21, Jinchuan nickel was quoted at a premium of 1,600-1,700 yuan/mt, with an average of 1,650 yuan/mt, down 50 yuan from the previous trading day.
Metal23h
The SHFE tin prices dropped back slightly during the night session, and the spot market saw lukewarm transactions [SMM Tin Morning News Oct 21]
SMM, October 21: Last Friday, the most-traded SHFE tin contract closed at 255,980 yuan/mt, down 480 yuan/mt, a decrease of ...
Metal13h
Gasgoo Daily: Changan Automobile aims to sell 5 million vehicles annually by 2030
Changan Automobile Chairman Zhu Huarong announced at the 4th CHANGAN Tech Ecosystem Conference that the company targets annual sales of 5 million vehicles by 2030, with 30% of sales coming from ...
Metal16h
Refined Nickel Social Inventory Slightly Increased Last Week
Last week, SMM refined nickel inventory in six major regions totaled 32,416 mt, an increase of 179 mt WoW. Due to the overall ...
Metal16h
As port pick-up volume declined, the accumulation speed of iron ore inventory at 35 ports accelerated
SHANGHAI, Jul 24 (SMM) –SHFE 2308 tin contract jumped to 234,790 yuan/mt at last Friday’s night session, but then fell back rapidly, with a low at 231,500 yuan/mt before closing at 232,260 yuan/mt or ...
Metal18h
CATL sees revenue drop YoY in Q3 2024, but net profit jumps
CATL's revenue for Q3 2024 stood at 92.278 billion yuan, marking a year-on-year decrease of 12.48%. However, its net profit attributable to shareholders jumped 25.97% to 13.136 billion yuan.
Metal15h
DEEPAL S05 compact new energy SUV hits market, starting at 119,900 yuan
On October 20, Changan Automobile’s new energy vehicle brand DEEPAL officially put its first compact SUV, the DEEPAL S05, onto the market, offering six trim levels across battery-electric (BEV) and ...
Metal15h
BYD Seal 06 GT model hits market, starting at 136,800 yuan
Shanghai (Gasgoo)- On October 18, BYD officially put the Seal 06 GT, its first GT model designed specifically for young drivers, onto the market, with prices ranging from 136,800 yuan to 186,800 yuan.
Metal23h
Why is the demand for copper enamelled wire related to power transformers improving? [SMM Analysis]
Power equipment is one of the important downstream fields of enamelled wire, accounting for about 30%. According to SMM's research on the enamelled wire industry, in recent years, the demand for ...