The Most-Traded Contract Fell Sharply Overnight Led by Bears, Spot Upside Limited] Futures: The most-traded cast aluminum alloy 2603 futures contract showed a one-sided fluctuating decline overnight.

Overnight, LME lead opened higher with a gap at $2,002/mt, fluctuated rangebound above the daily average line during the Asian session, and hit a high of $2,028/mt before plummeting straight down.

The most-traded SHFE tin contract (SN2602) showed a rapid downward trend during the night session, closing near 319,000 yuan/mt [SMM Tin Morning News] ...

Spot Aluminum Demand Enters Phased Contraction, Aluminum Prices to Remain Under Pressure in the Short Term] Overall, the reality of suppressed fundamental consumption and the initial emergence of an ...

LME copper opened at $12,415.5/mt overnight, initially fluctuating downward to a low of $12,145/mt, after which copper prices gradually shifted upward, touching a high of $12,459/mt, then the price ...

SMM Zinc Morning Comment] Overnight, SHFE zinc recorded a bearish candlestick, with the KDJ gap narrowing. In terms of inventory, social inventory declined again, but the TC decrease narrowed, leaving ...

Zinc Supply-Demand Imbalance Not Yet Prominent, Primarily Following Macro Trends] Overnight, the LME zinc contract recorded a long upper shadow bearish candlestick, with various moving averages ...

Overnight, the most-traded SHFE lead 2602 contract opened at 17,465 yuan/mt. It fluctuated rangebound above the daily average line at the beginning of the session. Affected by the broad decline in ...

SMM: According to statistics from SMM, China's NdFeB blank production reached approximately 28,700 mt in December 2025, with ...

On December 19, 2025, China's Ministry of Commerce officially confirmed that it had submitted a request for consultations ...

Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference ...

On January 9, 2026, SMM will officially launch new weekly price for lithium battery recycling. The newly added price are as follow: 1. SMM Battery Black Mass, NCM/NCA, % payable of SMM's Nickle ...