Hot News

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  Holders Concentrated on Offloading, Spot Discounts Widened [SMM Spot Aluminum Midday Review]

• [SMM Analysis] What Is the Actual Impact of the 27 Mining Rights Set for Deregistration by Yichun Natural Resources Bureau

  The cancellation of lithium-bearing porcelain clay mining rights (such as the Shiziling mine) publicized by the Yichun Natural Resources Bureau on December 12 involves mines that had already ceased operations before 2025 and are no longer supplying lithium resources to the market. Consequently, this move has essentially no impact on the current or future supply of lithium resources and lithium chemical products.

• Supply-demand weakness leads to sluggish spot cargo trading, but forward month B/L offers rise [SMM Yangshan spot copper]

• Weak Consumption and Limited Demand Keep Spot Premiums on a Downward Trend [SMM Shanghai Spot Copper]

  [Shanghai spot copper] Looking ahead to tomorrow, spot copper consumption is expected to remain weak at year-end, and premiums are forecast to edge down slightly tomorrow.

• Hongjian Casting Silver-Plated Copper Foil Production Procurement Tender