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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]