Hot News

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  BC Copper 2601 Fluctuates Considerably with a Slight Decline, Interest Rate Cut Expectations Dominate Market Sentiment [SMM BC Copper Review]

• MMi Daily Iron Ore Report (December 10)

  Today, iron ore prices shifted from weak to strong, with the main contract I2605 closing at 769, up 1.85% from the previous trading day.

• [SMM Platinum and Palladium Daily Review] Platinum and palladium futures fluctuated upward intraday, with international market prices showing a significant increase.

• SiMn market in the doldrums HBIS' first round December inquiry at 5,700 yuan/mt [SMM SiMn Daily Review]

  As of Wednesday, SiMn 6517 (cash) in north China was at 5,550-5,650 yuan/mt, flat WoW; in south China, SiMn 6517 (cash) was at 5,600-5,650 yuan/mt, flat WoW. The SiMn market remained in the doldrums recently.

• Market Awaits US Fed Interest Rate Cut Decision, SHFE Zinc Expected to Fluctuate During Night Session [SMM Zinc Futures Brief]

  [Market Awaits US Fed Interest Rate Cut Decision, SHFE Zinc Expected to Fluctuate Overnight]: The most-traded SHFE zinc 2601 contract opened at 23,005 yuan/mt. At the beginning of the session, bears reduced their positions, and SHFE zinc fluctuated upward, rising above the daily average line, with the price center moving higher. It finally closed up at 23,075 yuan/mt, up 5 yuan/mt, a gain of 0.02%. Trading volume fell to 118,000 lots, while open interest increased by 8,075 lots to 931.79 million lots.