Latest Update in the SMM Carbon Anode Market

This week, ferrous metals retreated after a rapid rise. At the beginning of the week, the market said that Asia had shifted to coal-fired power generation due to a natural gas supply deficit, while Indonesia would increase coal production and impose export taxes. The rise in international coal prices was transmitted to China, and coking coal and coke led the gains in ferrous metals; mid-week, the Middle East situation remained volatile, and the U.S. and Iran held differing attitudes toward war, with ferrous metals consolidating at high levels; the pullback in the second half of the week was also mainly due to the weakening of the cost-side logic, as market rumors said long-term iron ore contract negotiations had been completed, expectations for tightening iron ore supply declined, and raw materials turned into the main driver of the pullback. In the spot market, speculative trading and end-user purchase sentiment improved in the first half of the week, while rigid demand remained dominant in the second half, and the spot-futures price spread widened somewhat......

[SMM Tin Midday Commentary: Technical Recovery Coupled with Expectations of a Temporary Easing in Geopolitical Tensions Drives a Rebound in Tin Prices]

[SMM Tin Brief Review: Repeated Shifts in Macro Sentiment Put Pressure on Nonferrous Metals, and Tin Prices Pulled Back and Remained in the Doldrums]

[SMM Tin Midday Commentary: As Expectations for a Temporary Easing of the Macro Situation Fade, SHFE Tin Contracts Come Under Pressure Again]

[SMM Tin Brief Commentary: Improving Macro Sentiment Boosted the Nonferrous Metals Sector, Tin Prices Rebounded in the Short Term but Support Remained Insufficient]

[SMM Midday Tin Commentary: Improving Macro Sentiment Drove a Rebound in Tin Prices, While Follow-Through in Spot Transactions Remained Limited]

[SMM Tin Brief Commentary: SHFE Tin Stopped Falling and Rebounded, Closing Up 2.94% as Macro Pressure and Bottom Support Vied Against Each Other]

[SMM Tin Midday Commentary: SHFE Tin Pulled Back Under Pressure in Early Trading After Rebounding, and Spot Transactions Weakened]

[SMM Tin Market Brief: Under Macro Pressure, Falling Tin Prices Stimulated Transactions, and Visible Inventory Drawdowns May Provide Support]

[SMM Tin Midday Commentary: The Most-Traded SHFE Tin Contract Continued Its Weak Consolidation, and Market Wait-and-See Sentiment Was Strong]