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

Pre-holiday Supply and Demand in the Spot Market Declined, Post-holiday Focus on Lead Ingot Inventory Buildup and the Impact of Secondary Lead National Standard Delivery Matters on Lead Price Sentiment [SMM Lead Morning Meeting Minutes]

Lead Futures: LME Outperforms SHFE, Domestic Fundamentals Drag Down Lead Prices [SMM Lead Morning News]

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]

Silver Prices Rise Slightly, Spot Market Sees Moderate Transaction Volume with Just-in-Time Procurement [SMM Daily Review]