[SMM Analysis] Hydrometallurgy Recycling Market This Week: Market Trading Was Sluggish, Enterprises Completed Stockpiling and Began Holidays (2026.2.9–2026.2.12)

[SMM Analysis] China Accelerates the Construction of a Peripheral Copper Resource Supply Belt

The zinc import price ratio continued to deteriorate in February, with further downside pressure in the outlook

The SHFE/LME zinc price ratio pulled back to around 7.1 and fluctuated [SMM Weekly Review of SHFE/LME Zinc Price Ratio]

The most-traded SHFE tin contract pulled back after fluctuating during the night session. Trading was sluggish as most downstream enterprises had suspended production for rest ahead of the Chinese New Year. [SMM Tin Morning News]