[SMM Analysis] Weak Trading Sentiment but Strong Cost Support, Ternary Cathode Precursor Prices Edged Up

LME Aluminum and SHFE Aluminum Edged Up Overnight, Aluminum Prices Remained Under Pressure at High Levels in the Short Term [SMM Aluminum Morning Meeting Summary]

Sellers Show a Strong Willingness to Hold Prices Firm, While Transaction Premiums Continue to Narrow [SMM Spot Aluminum Midday Commentary]

Macro Situation Temporarily Eases, Expectations Fade, SHFE Tin Contract Comes Under Pressure Again [SMM Tin Midday Commentary]

What Could Change if Middle East Aluminum Trade Reroutes—and Supply Becomes Substitutable