Hyundai Mobis has introduced heat pipe coolers (PHP) into EV batteries for the first time, a technology previously used in ...

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, ...

Futures Market: LME copper was closed overnight. The most-traded SHFE copper 2502 contract opened at 74,180 yuan/mt overnight, initially hitting a high of 74,210 yuan/mt before fluctuating downward to ...

Spot Premiums/Discounts: The mainstream spot premiums for Jinchuan #1 nickel were 4,000-4,400 yuan/mt, with an average of 4,200 yuan/mt, down 200 yuan/mt compared to the previous trading day. The spot ...

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 ...

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 February, the lack of consumption due to CNY holidays drove accumulation of stocks. Lead prices thus fell back from high levels. LME lead prices dropped below the $2,000/mt mark, reaching a low of ...

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 ...

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 ...

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 ...

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 ...

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 ...