[SMM Silicon-Based PV Morning Meeting Minutes: Polysilicon Prices Generally Stable, Module Production Schedules Expected to Rise] Over the weekend, N-type recharging polysilicon was quoted at 34.1-36.5 yuan/kg. Weekend market prices remained temporarily stable. In the earlier period, frequent industry meetings were held, with results presenting a mix of bearish and bullish signals. Parties held divergent views, wait-and-see sentiment increased, and prices remained temporarily stable.

[SMM Silicon-Based PV Morning Meeting Minutes: Polysilicon Order Signing Increased Significantly, Module Prices Rose Slightly] Over the weekend, N-type recharging polysilicon was quoted at 34-36 yuan/kg. Weekend market prices remained temporarily stable. Currently, the market is approaching lows, and frequent meetings are being held, providing some support for prices. However, downstream players are resistant to high-priced resources, and wait-and-see sentiment has re-emerged in the market.

[SMM Tin Midday Review: Geopolitical Tensions Release Easing Signals, Tin Prices Strengthen While Spot Trades Turn Sluggish]

[SMM Daily Review: Spot Lithium Carbonate Prices Fluctuate Upward on March 2] SMM's battery-grade lithium carbonate index price edged up compared to the previous working day. In terms of futures movement, the most-traded contract opened and surged to a high of 179,500 yuan/mt before fluctuating and pulling back, breaking below the 170,000 yuan/mt level, and then gradually stabilized and rebounded to consolidate around 172,000 yuan/mt. In the afternoon, prices edged up again, mainly fluctuating around 173,500 yuan/mt until the close. The open interest of the most-traded contract decreased by about 3,200 lots compared to the previous trading day. In terms of actual transactions, upstream lithium chemical plants maintained relatively firm quotes, with a weak willingness to sell spot orders. When futures prices dropped to 170,000 yuan/mt, some downstream material plants showed a slight recovery in purchase willingness, but most participants remained cautious, primarily adopting a wait-and-see approach. Overall, there were signs of a slight recovery in market inquiries and transactions.

[SMM Aluminum Morning Meeting Minutes: Overall Warm Macro Front Contends with Inventory Buildup Reality, Aluminum Prices Under Pressure and Fluctuating in the Short Term] In summary, aluminum prices are expected to continue their fluctuating trend under pressure in the short term, constrained above by the reality of inventory buildup and supported below by macro expectations. They are anticipated to remain in the doldrums with limited room for a rebound.

[SMM Cast Aluminum Alloy Morning Comment: Overnight Futures Slightly Lower, Spot Prices Hold Steady Amid Wait-and-See Attitude] On Wednesday, the A00 aluminum price edged down by 30 yuan/mt to 23,260 yuan/mt compared with the previous trading day, while the SMM ADC12 price remained stable at 23,650 yuan/mt. As the Chinese New Year approaches, upstream and downstream enterprises in the secondary aluminum industry chain have entered a concentrated holiday period, leading to a noticeable decline in market liquidity. Actual transactions continue to be sluggish, with spot quotations largely making minor adjustments around the futures market.