Metal3m
Alumina Futures and Spot Prices Both Weaken, Short-Term Downward Trend May Persist [SMM Morning Comment on Alumina]
Futures Market: During the overnight session, the most-traded alumina 2502 futures contract opened at 3,795 yuan/mt, with a high of 3,830 yuan/mt and a low of 3,769 yuan/mt, finally closing at 3,804 ...
Metal3m
Polysilicon Prices Stabilize and Rebound? Multiple Companies Respond: In the Destocking Phase, Resuming Production Based on Market Conditions
On January 15, the PV sector strengthened against the trend, with Flat Glass hitting the daily limit, and several stocks such as Haitai New Energy, Shuangliang Eco-Energy, and Jinggong PV rising over ...
Metal7m
Saudi Aramco, the Oil Giant, Plans to Bet Big on the Future of New Energy Despite Sluggish Lithium Prices
In 2023, Lucid, a US EV manufacturer majority-owned by Saudi Arabia's sovereign wealth fund—the Public Investment Fund (PIF)—announced the establishment of a factory in Saudi Arabia. Meanwhile, PIF ...
Metal5m
Macro Front Sees New Positive Signals While Fundamentals Remain Bearish [SMM Aluminum Morning Meeting Summary]
Futures Market: The most-traded SHFE aluminum 2503 contract opened at 20,200 yuan/mt overnight, hitting a high of 20,280 yuan/mt and a low of 20,180 yuan/mt, and closed at 20,265 yuan/mt, up 80 ...
Metal15m
US Fed Interest Rate Cut Likelihood Increases, Overnight Copper Prices Supported [SMM Copper Morning Comment]
Increased Likelihood of US Fed Interest Rate Cut Supports Overnight Copper Prices] Macro side, the overall US CPI YoY growth rate showed a mild rebound to 2.9%, while core CPI YoY growth rate ...
Metal11m
Cochilco: Chile Will Increase Copper Production by 6% Over the Next 10 Years
【Cochilco: Chile to Increase Copper Production by 6% Over the Next 10 Years】According to foreign media reports on January 15, the Chilean Copper Commission (Cochilco) stated on Wednesday that Chile ...