Weak Supply and Demand, Prices Maintain Sideways Movement] SMM reported on July 2 that magnesium product prices remained stable overall today: Fugu magnesium ingot at 16,200 yuan/mt (FOB $2,220-2,300) ...

Basis Report: SMM data shows that on July 1, the SMM ADC12 spot price maintained a theoretical premium of 345 yuan/mt against the 10:15 AM closing price of the most-traded cast aluminum alloy contract ...

Overnight, the most-traded SHFE lead 2508 contract opened at 17,115 yuan/mt. In the early trading, it briefly touched a low of 17,110 yuan/mt. As short positions were reduced, SHFE lead fluctuated ...

Overnight, the most-traded SHFE lead 2508 contract opened at 17,115 yuan/mt. It briefly touched a low of 17,110 yuan/mt at the start of the session. As short positions were reduced, SHFE lead ...

India is also interested in acquiring lithium and copper assets in Chile and is negotiating a trade agreement, the India-Chile Comprehensive Economic Partnership Agreement (CEPA), which may also ...

Futures Market: Overnight, the most-traded alumina 2509 futures contract opened at 2,948 yuan/mt, with a high of 2,954 yuan/mt, a low of 2,931 yuan/mt, and closed at 2,942 yuan/mt, up 12 yuan/mt or ...

Spot Market: Transactions in the spot market were sluggish yesterday. Most downstream enterprises adopted a wait-and-see attitude towards the current prices, with restocking mainly in the form of ...

Overnight, LME copper opened at $9,927/mt. It surged straight up in the early session to hit an intraday high of $10,000/mt, then fluctuated upward throughout the session. It pulled back towards the ...

Social inventory: On July 1, LME zinc inventory decreased by 2,575 mt to 114,900 mt, a decline of 2.19%. According to communication with SMM, as of June 30, the total zinc ingot inventory across seven ...

Supply Pressure Persists, SHFE Zinc Slips Slightly] Overnight, the most-traded SHFE zinc 2508 contract opened at 22,250 yuan/mt. In the early session, SHFE zinc reached a high of 22,305 yuan/mt, then ...

According to SMM data, the average tax-inclusive full cost of China's aluminum industry in June 2025 was 16,545 yuan/mt, up 1 ...

Today, the most-traded SHFE aluminum 2508 contract opened at 20,565 yuan/mt, with a high of 20,640 yuan/mt, a low of 20,525 yuan/mt, and closed at 20,635 yuan/mt, up 0.22%. Trading volume reached ...