Shanghai Metals Market

Under the backdrop of declining aluminum prices, purchasing sentiment remains at a relatively low level. [SMM Spot Aluminum Midday Review]

Inventory side, aluminum ingot inventory in major consumption areas increased by 29,500 mt WoW, with inventory buildup observed in all three regions. In the short term, high aluminum prices may ...
Shanghai Metals Market

[SMM Nickel Midday Review] Nickel Prices Continue to Decline on February 3, Trump Is Expected to Launch $12 Billion Mineral Reserve "Gold Reserve Plan"

(1) Trump is expected to launch a $12 billion mineral reserve "Gold Vault Plan." The project will integrate private capital (preliminarily estimated at approximately $1.67 billion) with a $10 billion ...
Shanghai Metals Market

The most-traded SHFE tin contract plummeted more than 8% in a single day, and tin prices are expected to remain in the doldrums in the short term [SMM Tin Futures Review]

The Most-Traded SHFE Tin Contract Plunged Over 8% in a Single Day, Tin Prices Expected to Be in the Doldrums in the Short Term] ...