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  On April 8, the central parity rate of the RMB in the interbank foreign exchange market was 7.2038 yuan per US dollar.

• On April 7, COMEX copper inventories increased to 105,878 short tons, reaching the highest level in over six years.

• Finished product inventories of copper foil declined in March, while the operating rate in the industry continued to rise[SMM Analysis]

  [SMM Analysis: Finished Product Inventories of Copper Foil Declined in March, While Industry Operating Rates Continued to Rise]According to SMM, the operating rate of copper foil enterprises in March 2025 was 71.82%, up 4.17 percentage points MoM and 11.38 percentage points YoY. Among them, the operating rate of large enterprises was 75.20%, medium-sized enterprises was 55.35%, and small enterprises was 70.18%...

• COMEX Metal Inventory on April 7, 2025

• 【4.8 Lithium Battery News】Institutional Analysis Shows Limited Impact of US Tariffs on Chinese Automakers | Countries Continue to Counter US Tariffs