Hot News

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  SHFE lead fluctuated rangebound during the day, recording a star-shaped bullish candlestick [Futures Lead Brief Review]

• Macro Tailwinds Drive Up Stainless Steel Prices, Nickel-Based Raw Materials Rise in Sync with Costs Holding Steady [SMM Analysis]

• [SMM Analysis] Multiple Positive Factors Drive a Significant Surge in EMM Spot Prices, with Continued Upward Momentum Expected

  Recently, the EMM market has shown a sharp upward trend, with spot prices rising rapidly and trading activity continuously heating up. Favorable factors on both the supply-demand sides are being released collectively, coupled with support from the peak stockpiling season, leading to increasingly high industry sentiment. The upward momentum for EMM prices is expected to continue clearly...

• Some spot orders of refined lead saw narrowed discounts, while robust raw material costs warrant caution against declining smelting profits [SMM Secondary Refined Lead Weekly Review]

• [SMM Analysis] Oriented Silicon Prices May Fluctuate Downward Next Week with Limited Price Volatility

  [Next week, oriented silicon prices may fluctuate downward with limited volatility] End-use demand remains weak, with purchasing intentions continuing to be subdued. Most downstream enterprises primarily make just-in-time procurement and have no large-scale restocking plans for now. On the trader side, influenced by cost-side factors and steel mill price adjustments, many attempt to raise prices slightly to sell goods. However, downstream enterprises show low acceptance of higher-priced resources and strong resistance sentiment, leading to actual transaction volumes falling short of expectations. Traders' profit margins also continue to narrow.