Base Metals Decline in Shanghai: Profit-Taking After Year-End Rally
The morning session on Thursday, January 8, at the Shanghai Futures Exchange (SHFE) saw a broad-based decline in base metal prices, interrupting the bullish phase that had characterized the final weeks of 2025. Nickel led the corrective movement, recording the...
Zinc Premiums Stalled in Asia: Markets Stalled Between Tight Liquidity and Strategic Waiting
The start of 2026 has been marked by caution for the zinc premium market in Asia, with Shanghai and Southeast Asia stuck in a state of stagnation. In the week ending Tuesday, January 6th, premiums remained unchanged, while traders reported limited spot activity, thin...
Lead and Zinc Scrap Awaits Turning Point: Market Holds Its Breath Toward Late January
The US lead-acid battery scrap market is heading toward a potential turning point in late January, when the tolling season—expected to conclude by the end of the month—will begin to have a tangible impact on purchase flows and operator strategies. According to sources...
Germanium Between High Prices and Technological Substitutions: A Balance to Be Rebuilt in 2026
The global germanium market enters 2026 with an increasingly evident structural contradiction. On the one hand, historically high prices have accelerated the adoption of substitute technologies, such as chalcogenide glass and hollow-core optical fiber, eroding part of...
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