Hot News

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  Buyer Warrant Demand Increased in Early Trading, Active Market Inquiries [SMM Yangshan Spot Copper]

• MMi Daily Iron Ore Report (April 8)

  Today, DCE iron ore futures trended weaker overall. The most-traded contract I2609 ultimately closed at 766.5 yuan/mt, down 1.35% from the previous trading session. Spot prices fell 5-8 yuan/mt from the previous trading day.

• Low-Priced Spot Cargo Emerged in the Afternoon, Magnesium Market Trading Remained Sluggish [SMM Magnesium Ingot Spot Express]

  [Low-Priced Sources Emerged in the Afternoon, Magnesium Market Trading Remained Sluggish] Today, the quoted price of 99.90% magnesium ingot in the main producing areas was 16,600-16,700 yuan/mt, with more low-priced sources appearing in the market.

• BC Copper Closed Sharply Higher by 1.6%, Easing Geopolitical Tensions Boosted Copper Prices [SMM BC Copper Commentary]

• Rutile Titanium Dioxide Prices Rise with Strong Cost Support [SMM Spot Titanium Express]

  [SMM Titanium Spot Brief: Rutile Titanium Dioxide Prices Rose, Cost Support Remained Strong] China's titanium dioxide market prices were basically flat today, with rutile grades raised by 100 yuan/mt. Multiple enterprises closed their order books and held back from selling, and bullish sentiment was strong in the market. Sulphuric acid prices continued to rise, providing strong cost support on the cost side, and the market showed a divergent trend.