Surge in Prices of Key Metals Intensifies Cost Pressure on NEV Traction Motors and OEMs【SMM Analysis】

There was still restocking before the holiday, and the price spread between futures contracts was relatively large, stimulating spot premiums to fluctuate and rise. [SMM Southern China Spot Copper Cathode Weekly Review]

Downstream buyers have largely completed restocking, but suppliers are still holding prices firm for shipments. [SMM South China Spot Copper]

In January, the supply and demand for electrolyte contracted, and prices rose slightly due to the lagging transmission of costs.

Copper Inventories in Major Domestic Regions Continued to Build Up Before Chinese New Year [SMM Weekly Data]