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April 5, 2022
On Monday evening local time, Peruvian President Castillo (Pedro Castillo) declared a state of emergency for the ministerial meeting. A curfew was imposed in Lima and Cayao, the capital, from 2 a.m. to 23:59 on the 5th, and continued until 11:59 on the 5th. News from Peru affects the global copper market all the time. Although Russia's share of copper production is less than 5%, the war between Russia and Ukraine has caused soaring prices of energy and agricultural products, which has plung...
March 15, 2022
[overnight quotation: the outer disk metal fell, the inner plate Shanghai Nickel rose nearly 9%, the black line continued to weaken] the outer disk metal fell, Lun Copper fell nearly 3%, Lun Zinc and Lunxi fell 2.66% and 2.56% respectively, followed by Lun Aluminum slightly down 0.18%. Lun Zinc concussion remained stable. In the inner market, Shanghai Nickel stopped falling and rose against the trend, and the night market closed up 8.53% as the only floating red. Other varieties closed down. Amo...
March 10, 2022
[overnight quotation: metal closed down across the board, stainless steel fell by the limit of more than 17%] during the night trading session, except Shanghai Nickel suspended trading, all other basic metals closed down. Among them, shanghai tin fell 7.89%, shanghai zinc fell 3.85%, shanghai aluminum fell 2.92%, shanghai copper and shanghai lead both fell by more than 1.5%. The black series were all floating green, the main stainless steel fell by the limit, and the iron ore fell by 5.51%. The ...
February 22, 2022
[SMM comment: metal plate early floating red Shanghai nickel rose nearly 3% black decline narrowed]
March 1, 2021
The content below was translated by Tencent automatically for reference. In early trading in London on Monday, most precious metals, including Lun Copper, generally maintained a narrow volatility after profit-taking at the end of Friday and changes in the US bond market. However, the price of tin futures fell sharply after the opening of trading, and the underlying price also fell 5.53% on Friday. As of press time, tin for LME delivery fell 6.68% to US $23490 / ton, down more than 14% from the ...