Macro Trade Friction Risks Intensify, A00 Social Inventory Remains Stable During the Week] Summary: On the macro front, Trump's imposition of a 25% tariff (total tariff rate of 50%) on India has ...

According to SMM data, the composite operating rate of copper billet producers in July 2025 was 44.82%, down 1.33 percentage points MoM and 2.61 percentage points YoY. Specifically, the operating rate ...

Zinc Prices Rise Amid Interest Rate Cut Expectations] LME zinc recorded a three-day winning streak overnight, with the 40-day moving average providing support and the bearish candlestick of MACD ...

[SMM Copper Morning Meeting Summary] News: (1) US President Trump announced that a 100% tariff will be imposed on all imported products containing semiconductors, but exemptions will be granted to ...

Currently, the magnesium powder market is supported by the high prices of magnesium ingots, with prices maintaining a strong consolidation. Downstream purchase willingness is insufficient, and market ...

Spot-Futures Price Spread Daily Report: According to SMM data, on August 6, the SMM ADC12 spot price was at a theoretical premium of 110 yuan/mt over the closing price of the most-traded cast aluminum ...

Overnight, the most-traded SHFE lead 2509 contract opened at 16,880 yuan/mt. In the early session, it briefly touched a high of 16,905 yuan/mt before fluctuating downward to a low of 16,825 yuan/mt.

August 7, 2025 SMM Tin Morning Briefing: Futures: The most-traded SHFE tin contract (SN2509) opened higher during the night session but pulled back later, closing at 266,600 yuan/mt, down 0.09% from ...

Futures: Overnight, LME zinc opened at $2,752/mt. After briefly dipping to $2,743.5/mt at the start of the session, bulls increased their positions, pushing LME zinc to rise steadily above the daily ...

Overnight, the most-traded SHFE lead 2509 contract opened at 16,880 yuan/mt. Early in the session, it briefly touched a high of 16,905 yuan/mt before fluctuating downward, reaching a low of 16,825 ...

[SMM Morning Comment on Zinc] Overnight, SHFE zinc stopped rising and started to fall, but the center of the daily candlestick moved up, with the 10/20-day moving average acting as resistance above.

Shanghai (Gasgoo)- On the evening of August 6, the all-new XPENG P7 model made its global debut with the presale kicking off at the same time. Customers can place a deposit of 99 yuan, which will ...