Frequent Environmental Protection Incidents Domestically, Lead Prices Show Strong Resilience] The PBOC has reduced the scale of MLF rollovers for five consecutive months and kept rates unchanged for ...
In November 2024, inverter export volume reached 4.0443 million units, up 6.4% YoY, down 8.9% MoM; import volume was 175,000 units, down 40.2% YoY, up 33.3% MoM. From January to November 2024, ...
Domestic alumina operating rates remained largely stable, while downstream demand saw a slight decline due to production cuts in Southwest China. The previously tight alumina supply has somewhat ...
Downstream Procurement Demand Halved, Overall Maintains Just-in-Time Procurement] On December 25, #1 copper cathode spot prices against the January 2501 contract were quoted at a premium of 50-100 ...
Clarification on Prohibited and Restricted Categories for PV Land Use and Four Types of Site Selection Areas for Offshore PV] On December 23, the Ministry of Natural Resources issued the "Guidelines ...
[SMM Lead Morning Brief: SHFE Lead Trading Significantly Weakens at Year-End] SMM, December 26: Overnight, the most-traded SHFE lead 2502 contract opened at 17,350 yuan/mt. As the year-end approaches, ...
Implement RRR Cuts, Overnight Copper Prices Edge Up] Macro side, the PBOC conducted 192.3 billion yuan in 7-day reverse repo operations. Macro analyst Qing Wang stated that although the peak of local ...
Comment] Overnight, Hamas and Israel accused each other of obstructing ceasefire negotiations; it is reported that Russia has started using Bitcoin in foreign trade; MLF was renewed with a reduced ...
During yesterday's night session, SHFE tin prices remained volatile, with spot market transactions being lackluster. [SMM Tin Morning Brief] Yesterday, SHFE tin prices exhibited a relatively stable ...
LME Aluminum Halted for Two Days Due to Holiday, SHFE Aluminum Maintained a Weak Trend Overnight] Overall, on the macro front, the US Fed's interest rate cut pace remains unclear. Fundamentals side, ...