Stay updated with breaking news from Evening Comments. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
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 0.81% and nickel went up 0.55%, while aluminium edged down 0.83%, lead fell 1.29% and copper weakene...
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 1.26%. A total of 84 vessels carrying 12.67 million mt of iron ore arrived at major Chinese ports duri...
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.
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 fell 3.57%. Copper: The most-traded SHFE 2107 copper contract finished the day 1.36% lower at 71,640 y...