The "SMM China Base Metal Briefing" report provides a comprehensive analysis of the recent trends in base metals. Copper prices saw an uplift, breaking through an 8-week high due to a weakening US dollar. Conversely, aluminum is facing potential price pressures from soft demand and high inventory levels. Zinc prices have decreased as a result of substantial overseas deliveries combined with domestic production cuts due to environmental regulations. Meanwhile, lead prices are realigning with market fundamentals with a close watch on cost support. SHFE nickel prices have experienced a decline. The report also delves into new energy metals, discussing the current state of cobalt, lithium, and materials used in battery production such as precursors and cathode active material. An appendix provides additional services offered by SMM.