SMM Morning Comment For SHFE Base Metals On August 12

Agt 12, 2024, at 9:42 am
SMM

LME copper opened at $8,923.5/mt overnight, peaked at $8,950/mt in early trading, then fluctuated downward, hitting a low of $8,829.5/mt at the end of the session, and finally closed at $8,831/mt, up 0.25%.

Industri
Tembaga
Aluminium
Timbal
Seng
Timah
Nikel

Sebelumnya
SMM • 2 bulan yang lalu
Fundamentals Still Provide Support, Zinc Prices Rise in Domestic and Overseas Markets [SMM Zinc Morning Comment]
Berikutnya
SMM • 2 bulan yang lalu
In July, the social inventory of stainless steel decreased slightly by 0.13%, with decent destocking of 300-series stainless steel but future digestion under pressure [SMM Analysis]

SMM Morning Comment For SHFE Base Metals On August 12

Fundamentals Still Provide Support, Zinc Prices Rise in Domestic and Overseas Markets [SMM Zinc Morning Comment]

In July, the social inventory of stainless steel decreased slightly by 0.13%, with decent destocking of 300-series stainless steel but future digestion under pressure [SMM Analysis]