Hot News

• 

  [SMM Analysis] Post-National Day Ternary Cathode Market: Price Increase Expectations Persist, Upstream Transaction Transmission Still Needs Time to Develop

  Currently, the price increase in the sulfate segment has not been fully passed on to downstream battery cell manufacturers, and battery cell manufacturers have very limited acceptance of the rise in ternary cathode material prices. Under cost pressure, cathode plants also have relatively limited acceptance of the increase in the discount coefficient for upstream ternary cathode precursors.

• [SMM Analysis] Post-National Day Ternary Cathode Precursor Market: Raw Material Costs Rise Significantly, Export Orders Face Policy Challenges

  The market generally expects prices to continue their upward trend, with a strong wait-and-see sentiment prevailing in the initial post-holiday period, leading to relatively cautious trading performance.

• Indonesian Minister of Mines: Indonesia Issues Regulations to Help Small and Medium-Sized Enterprises Obtain Mining Concessions

• The most-traded BC copper 2511 contract closed up 4.23%. Concerns over the mine continued to drive copper prices higher [SMM BC Copper Review]

• [NPI Daily Review] Market Wait-and-See Sentiment Weighs, High-Grade NPI Prices More Likely to Fall Than Rise

  [SMM Daily Review: Market Watch-and-See Sentiment Weighs, High-Grade NPI Prices More Likely to Fall Than Rise] October 9 - The average price of SMM 10-12% high-grade NPI was 953.5 yuan/mtu (ex-factory, tax included), down 0.5 yuan/mtu MoM from the previous working day.