TREE NEWS reports: International copper closed down 0.34% in the night session, with Shanghai copper off 0.15%, Shanghai aluminum down 0.45%, Shanghai zinc down 0.97% and Shanghai nickel down 0.14%. Shanghai lead was the sole gainer among the base metals, rising 1.36%, while Shanghai tin dropped 3.52%. Alumina fell 0.57% and aluminum alloy slipped 0.09%, while stainless steel rose 0.26%.
Copper, Aluminum, Zinc, Nickel and Tin Fall in Night Session; Lead Gains 1.36%
The breadth of the decline matters more than any single move: copper, aluminum, zinc, nickel and tin all softened together, pointing to a broad base-metals mood rather than a story specific to one metal. Tin's outsized drop stands apart from the modest slippage elsewhere, while lead's gain and stainless steel's rise show the selling was not uniform. Whether lead continues to decouple from the complex, and whether tin's weakness proves idiosyncratic or the start of something broader, is the open question.
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