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June 2, 2021
SHFE nonferrous metals rose for the most part on Tuesday June 1 as investors reacted to the release of a private survey on Chinese manufacturing activity in May.
June 2, 2021
SHFE nonferrous metals closed mixed on Wednesday June 2, and investors in the US and Europe were looking ahead to key US jobs data later this week and upcoming meetings of the Fed and the European Central Bank. SHANGHAI, Jun 2 (SMM) – SHFE nonferrous metals closed mixed on Wednesday June 2, and investors in the US and Europe were looking ahead to key US jobs data later this week and upcoming meetings of the Fed and the European Central Bank. Zinc, the best performer, rose 1.34%, tin advanced ...
June 1, 2021
SHFE nonferrous metals rose for the most part on Tuesday June 1 as investors reacted to the release of a private survey on Chinese manufacturing activity in May. SHANGHAI, Jun 1 (SMM) – SHFE nonferrous metals rose for the most part on Tuesday June 1 as investors reacted to the release of a private survey on Chinese manufacturing activity in May. Nickel, the best performer, rose 2.07%, copper advanced 0.57%, aluminium went up 0.29% and zinc gained 0.72%, while lead fell 0.9% and tin dropped 1....
May 31, 2021
SHFE nonferrous metals closed higher across the board on Monday May 31 as investors reacted to the release of China's official manufacturing Purchasing Managers' Index for May.
May 24, 2021
SHFE nonferrous metals broadly fell on Monday May 24 as investors continued to focus on inflation concerns. SHANGHAI, May 24 (SMM) – SHFE nonferrous metals broadly fell on Monday May 24 as investors continued to focus on inflation concerns. Aluminium led the losses and slumped 3.52%, copper slipped 1.36%, nickel eased 1.82%, zinc lost 1.05%, tin went down 1.41% and lead decreased 1.7%. The ferrous complex fell across the board. Hot-rolled coil went down 3.9%, iron ore shed 5.21%, and rebar fe...
May 17, 2021
SHFE nonferrous metals rose for the most part on Monday May 17 as investors reacted to the release of Chinese economic data while also monitoring the Covid situation in places such as Taiwan, which has seen a recent spike in domestic infections. SHANGHAI, May 17 (SMM) – SHFE nonferrous metals rose for the most part on Monday May 17 as investors reacted to the release of Chinese economic data while also monitoring the Covid situation in places such as Taiwan, which has seen a recent spike in d...
April 28, 2021
SHFE nonferrous metals broadly fell on Wednesday April 28 after a slew of economic data.
April 26, 2021
SHFE nonferrous metals closed higher across the board on Monday April 26 as investors gear up for a busy week on the data and earnings front. SHANGHAI, Apr 23 (SMM) – SHFE nonferrous metals closed higher across the board on Monday April 26 as investors gear up for a busy week on the data and earnings front. Nickel was the best performer with a rise of 2.63%. Copper rose 2.38%, aluminium advanced 0.58%, tin climbed 2.04%, zinc increased 2.31% and lead went up 0.2%. The ferrous complex rose acr...
April 25, 2021
SMM offices will be closed for the Labour Day holidays from May 1 to May 5, 2021. SMM offices will be closed for the Labour Day holidays from May 1 to May 5, 2021. There will be no updates on price data and market news, including SMM Morning and Evening Comments and Macro Roundup during this period. Daily spot price data and news updates on SMMs website, mobile app and social media will resume on May 6, 2021. April 30 before the holidays, and will resume on May 10. Thank you
April 23, 2021
SHFE nonferrous metals closed mixed on Friday April 23 with investors monitoring a slew of economic data and corporate earnings. SHANGHAI, Apr 23 (SMM) – SHFE nonferrous metals closed mixed on Friday April 23 with investors monitoring a slew of economic data and corporate earnings. Aluminium, the best performer, rose 0.99%, lead advanced 0.26% and copper went up 0.35%, while zinc edged down 0.21%, tin fell 0.14% and nickel weakened 0.22%. The ferrous complex rose across the board. Iron ore in...