SMM Evening Comments (Apr 14): Shanghai nonferrous metals closed mostly higher, nickel fell 0.35%_SMM
SHFE nonferrous metals rose for the most part on Wednesday April 14. SHANGHAI, Apr 14 (SMM) – SHFE nonferrous metals rose for the most part on Wednesday April 14. Aluminium, the best performer, rose 1.82%, copper advanced 0.47%, lead went up 1.19% and tin gained 0.08%, while nickel fell 0.35% and zinc dropped 0.23%. The ferrous complex closed mixed. Rebar advanced 1.07%, hot-rolled coil rose 1.23%, while iron ore fell 0.39%. Copper: The most-traded SHFE 2106 copper contract finished the day 0.47% higher at 66,190 yuan/mt. Open interest fell 3,233 lots to 101,316 lots. Aluminium: The most-li...