SMM Morning Comment For SHFE Base Metals On August 12

Th08 12, 2024, at 9:42 am
SMM

LME copper opened at $8,923.5/mt overnight, peaked at $8,950/mt in early trading, then fluctuated downward, hitting a low of $8,829.5/mt at the end of the session, and finally closed at $8,831/mt, up 0.25%.

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Trước
SMM • một năm trước
Fundamentals Still Provide Support, Zinc Prices Rise in Domestic and Overseas Markets [SMM Zinc Morning Comment]
Tiếp theo
SMM • một năm trước
In July, the social inventory of stainless steel decreased slightly by 0.13%, with decent destocking of 300-series stainless steel but future digestion under pressure [SMM Analysis]

SMM Morning Comment For SHFE Base Metals On August 12

Fundamentals Still Provide Support, Zinc Prices Rise in Domestic and Overseas Markets [SMM Zinc Morning Comment]

In July, the social inventory of stainless steel decreased slightly by 0.13%, with decent destocking of 300-series stainless steel but future digestion under pressure [SMM Analysis]