Shanghai Metals Market

Macro Positives Underpin Aluminum Market, Fundamentals Under Pressure Lead to Short-Term High-Level Consolidation [SMM Aluminum Morning Meeting Minutes]

Macro Tailwinds Underpin Aluminum Market, Supply-Demand Pressure Leads to Short-Term Consolidation at High Levels] Overall, the easing of macro risk sentiment has provided phased bottom support for ...

Uranium Price Forecast – Supply Shock and Nuclear Demand Set Stage for Major Breakout in 2026

Uranium prices jumped above $80/lb and reached a two month high in January 2026. In my view, this marks the start of a new ...

Gold soars past $5,000 as commodity markets bifurcate between macro-risk, physical supply

Rystad Energy reports commodity markets are bifurcating: gold soars past $5,000 on risk, while oil and gas prices track ...
Shanghai Metals Market

Spot Market Trading Remains Sluggish, Beware of the Negative Sentiment Amplification from Dual Declines in Supply and Demand on Lead Prices [SMM Lead Morning Meeting Minutes]

Overnight, LME lead opened at $2,027.5/mt, fluctuated rangebound along the daily average during the Asian session. Entering the European session, the rangebound trend continued with an expanded range ...