Page 2 - Smm Comments News Today

Shanghai base metals closed mixed in the overnight trading as the cautious sentiments intensified amid uncertainties of Russia-Ukraine conflicts. Their counterparts on LME mostly went up.

Shanghai base metals generally closed with losses in the intraday trading on Friday. SHFE copper fell 0.25%, aluminium dropped 1.44%, zinc decreased 0.28%, nickel lost 5,090 yuan/mt, while lead rose by 0.84%.

Shanghai base metals fell across the board in the overnight trading, and their counterparts on LME performed similarly in the trading on Wednesday.

Shanghai base metals mostly closed with gains in the overnight trading as the tension between Russia and Ukraine continued to intensify. Their counterparts on LME performed similarly.

[SMM comment: metal plate early floating red Shanghai nickel rose nearly 3% black decline narrowed]

Shanghai base metals basically moved upward amid falling warrants inventories. Their counterparts on LME trended mixed on Wednesday.

Shanghai base metals closed mixed overnight, after the risk assets rallied as a whole. Their counter parts on LME mostly went up on Tuesday.

Shanghai base metals mostly dropped overnight under the impact of geopolitics. Their counterparts on LME mostly moved upward on Monday.

Shanghai base metals mostly dropped overnight under the impact of geopolitics. Their counterparts on LME mostly moved upward on Monday.

Shanghai base metals mostly closed with gains overnight after the Fed meeting announced to keep the benchmark interest rate unchanged. Their counterparts on LME performed similarly on Wednesday.