With the Chinese New Year holiday approaching, overall market trading was sluggish [SMM Spot Aluminum Midday Review].

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]

Macro sentiment still shows no significant improvement, aluminum prices remain in the doldrums [SMM Aluminum Weekly Review]

Overnight futures prices closed slightly lower, spot cargo held steady with a wait-and-see approach [SMM Cast Aluminum Alloy Morning Comment]