Insufficient Arrivals Lead to Inventory Drawdown, Aluminum Prices May Hover at Highs] Overall, the domestic macro environment remains favorable, while the impact of overseas tariffs warrants caution.

Since yesterday afternoon, market transactions have been brisk, with intra-day transactions mainly concentrated on EQ B/Ls and bonded warrants. Due to the significant contraction of the LME ...

Unlike the significant zinc price rally in the first half of 2024, the main SHFE zinc contract showed a downward trend in the first half of 2025. As of July 10, 2025, the half-yearly decline of the ...

As of daytime session close, most base metals in the domestic market rose, with only SHFE copper declining 0.39% approximately. SHFE zinc, SHFE tin, and SHFE nickel all surged over 1%, with SHFE zinc ...

Aluminum Price Center Rebounds, Spot Premiums Weaken] SMM reported on July 10: In the morning session, SHFE aluminum rose with increased positions to around 20,800 yuan/mt, and the activity in the ...

Rare Earth Prices Remain Stable, Market Awaits Tenders from Major Manufacturers] Currently, the rare earth market is operating steadily overall. As the peak period for restocking by magnetic material ...

Today, the centralized quotes for baled UBC aluminum scrap range from 15,350 to 15,800 yuan/mt (tax-exclusive), while shredded aluminum tense scrap quotes range from 15,900 to 17,400 yuan/mt ...

In H2 of 2025, the combined mining output from the Kamoa and Kakoso mines will increase to 100,000 mt of ore per month, supplying ore to both the Phase I and Phase II beneficiation plants to replace ...

Macquarie believes that the 50% import tariff imposed by the US on copper could disrupt the global copper market. This tariff measure could prevent 100,000 mt of surplus inventory from entering the US ...

On July 10, the total rebar inventory for the week was 5.0998 million mt, a decrease of 46,900 mt WoW, down 0.91% MoM, and down 28.88% YoY on the lunar calendar. The total wire rod inventory for the ...

​​LME tin contract (3-month): Overnight, LME tin closed at $33,420/mt (+0.51%). During today's Asian trading session, it fluctuated upward within the range of $33,000-33,500/mt.

► July 10 Guangdong spot copper market premiums/discounts across trading sessions (Fourth session: 10:45 AM) [SMM Price] ...