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  • Strong Growth in China's Automotive Market in 2024: NEVs Dominate the Mainstream [SMM Analysis]

    Strong Growth in China's Automotive Market in 2024: NEVs Dominate the Mainstream [SMM Analysis]

    [SMM Analysis: Strong Growth in China's Auto Market in 2024, NEVs Dominate the Mainstream] According to the latest data released by CAAM, China's auto market continued to perform strongly in December 2024. Driven by the trade-in policy, the market remained vibrant, and year-end efforts by enterprises to push for target significantly boosted car purchase demand.

  • [SMM Analysis] Silver Prices Reach New Highs, 2024 Silver Production Hits Record High

    [SMM Analysis: Silver Prices Hit Record High, 2024 Silver Production Reaches New Peak] The silver market concluded 2024 with a price increase of nearly 30%, and the soaring prices also boosted production demand among smelters. According to SMM statistics, the production of No.1 silver in 2024 was 17,681.045 mt, up 8% YoY.

  • Module production schedule in January dropped 20% MoM. Why is the EVA market still so hot? [SMM Analysis]

    This Week: In the PV-grade EVA market, transaction prices for PV-grade EVA remained in the range of 10,400-10,700 yuan/mt. January's production schedule for PV-grade EVA was approximately 100,000 mt. Pre-holiday stockpiling demand was robust, order signing was active this week, spot PV-grade EVA was tight, and the transaction center moved upward...

  • Differences Between Four-Carbon POE and Eight-Carbon POE [SMM Analysis]

    Polyolefin Elastomer (POE), a high-performance elastomer material, has garnered significant attention in modern material science. This article will explore the differences between two common types of POE: butene-based POE and octene-based POE...

  • 2024 Copper Scrap Review: Secondary Copper Raw Material Will Be One of the Best Ways to Supplement Raw Materials for Smelters [SMM Analysis]

    [SMM Analysis: 2024 Copper Scrap Review: Secondary Copper Raw Material Will Be One of the Best Ways for Smelters to Supplement Raw Materials] In 2024, copper prices experienced significant fluctuations, and the prices of secondary copper raw material also showed a trend of rising first, then pulling back, followed by a slight rebound. In Q1, copper prices continued the stable trend of 2023. By Q2, due to factors such as tight overseas copper ore supply, sanctions on Russian copper and aluminum, and macro events like US dollar copper border warehouses, copper prices surged, reaching a historical high of 88,940 yuan/mt. However, as market speculation sentiment faded, copper prices pulled back significantly in Q3. Starting in August, driven by market expectations of a US Fed interest rate cut, copper prices bottomed out and rebounded. In Q4 .....

Exchange Rate
  • USD / CNY Jan.17
    7.3514 (+0.0008 | +0.0100%)
  • EUR / CNY Jan.17
    7.5876 (+0.0120 | +0.1600%)
  • GBP / CNY Jan.17
    9.0080 (+0.0045 | +0.0500%)
  • HKD / CNY Jan.17
    0.9435 (-0.0002 | -0.0200%)
  • 100JPY / CNY Jan.17
    4.7446 (+0.0325 | +0.7000%)
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