TREE NEWS reports: Shanghai base metals closed mixed in the night session, with copper, aluminum, zinc and nickel all slipping while tin edged higher. International copper fell 0.09% and SHFE copper rose 0.11%, while SHFE aluminum dropped 0.46%, zinc 0.36%, nickel 1.28% and lead was flat. SHFE tin gained 0.36%, alumina rose 0.15%, aluminum alloy lost 0.32% and stainless steel fell 0.8%.
Copper, Aluminum, Zinc and Nickel Fall in Shanghai Night Session; Tin Gains
The split matters more than the headline: aluminum, zinc and nickel fell together while tin and alumina rose, so this is not a broad risk-off move but metal-specific positioning. Nickel's decline is the largest in the set, making it the clearest signal of where selling pressure concentrated. Whether tin's gain and nickel's drop continue to diverge is the open question, and the divergence between international and SHFE copper pricing is worth watching as a gauge of regional sentiment.
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