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  Geological Survey of Western Australia Discovers New Chemical Fingerprint for Gold Prospecting

• Daily total inventory across three regions declined slightly, while spot premiums remained stable [SMM Spot Aluminum Midday Review]

  [SMM Spot Aluminum Midday Review: Daily Total Inventory in Three Regions Declined Slightly, Spot Premiums Remained Stable] SMM reported on July 9: In the morning session, the center of SHFE aluminum prices rose slightly to around 20,650 yuan/mt. As the aluminum price center declined, downstream just-in-time procurement slightly rebounded. The daily inventory in east China declined slightly, with spot aluminum premiums mostly traded against the SMM average price, and premiums stabilized somewhat. Today, SMM A00 aluminum was quoted at 20,660 yuan/mt, up 60 yuan/mt from the previous trading day, with a discount of 50 yuan/mt against the July contract, unchanged from the previous trading day.

• US tariff impact expected, SHFE copper continues to face pressure [Flash News]

• SHFE and LME markets show divergence in tin inventory performance, with LME tin inventory falling to a new low in over two years

• [SMM Blast Furnace Operating Rate] Production of steel mill blast furnaces remains stable, with pig iron production still at a high level