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SMM Evening Comments (Jun 9): Shanghai nonferrous metals rose across the board, lead advanced 2.93%_SMM

SHFE nonferrous metals closed higher across the board on Wednesday June 9 as China s producer inflation data for May came in higher than expected.
SHANGHAI, Jun 9 (SMM) – SHFE nonferrous metals closed higher across the board on Wednesday June 9 as China s producer inflation data for May came in higher than expected.
Lead was the best performer with a rise of 2.93%. Copper rose 0.17%, aluminium advanced 0.14%, nickel climbed 1.7%, tin increased 1.63% and zinc went up 0.44%.
The ferrous complex also rose across the board. Iron ore increased 3.98%, rebar rose 1.31%, and hot-rolled coil climbed 2.09%.
Copper: The most-traded SHFE 2107 copper contract finished the day 0.17% higher at 71,510 yuan/mt. Open interest rose 1,277 lots to 130,944 lots. ....

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METALS-London copper eases as China exports data fans demand concerns

London copper prices fell on Monday, as lower-than-expected Chinese exports data sparked concerns of weakening demand for the red metal, which is often considered a bellwether of the global economy due to its wide industrial uses. ....

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SMM Morning Comments (Jun 7): LME base metals basically rose amid lower-than-expected increase in US nonfarm payrolls_SMM

LME base metals basically rose last Friday night as the increase in US nonfarm payroll fell short of expectations, and SHFE metals mostly went up. ....

Market Commentary , சந்தை வர்ணனை , வழி நடத்து ,

SMM Morning Comments (Jun 4): Base metals fell amid the strong US employment data_SMM

Shanghai base metals all fell last night, and LME metals closed down as well amid the strong US employment data and the concerns of Fed withdrawal of stimulus package. ....

Market Commentary , சந்தை வர்ணனை , வழி நடத்து ,

SMM Evening Comments (Jun 4): Shanghai nonferrous metals fell across the board ahead of US jobs report_SMM

SHFE nonferrous metals broadly fell on Friday June 4 as investors looked ahead to a key U.S. jobs report later in the session.

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