TREE NEWS reports: International copper closed up 0.05% in the night session, while Shanghai copper gained 0.31%, Shanghai aluminum rose 1.1%, Shanghai zinc added 0.4% and Shanghai nickel climbed 0.58%. Shanghai lead was the outlier, falling 0.47%, while Shanghai tin rose 0.74%. Alumina edged up 0.04%, aluminum alloy gained 0.44% and stainless steel rose 0.25%.
Copper, Aluminum, Zinc, Nickel Rise in Shanghai Night Session; Lead Falls
AI take
The split between Shanghai and international copper pricing is the detail worth noting: a marginal LME gain translating into a firmer domestic move suggests local sentiment is running ahead of the global benchmark. Aluminum's larger advance stands out among the base metals, pointing to a more constructive tone in the ferrous-adjacent complex, while lead's decline shows the strength is not uniform across the board. Whether this domestic-led firmness persists against the international curve is the open question.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
12m ago
Volkswagen, Mercedes-Benz accelerate German restructuring amid profit pressure
21m ago
US House Passes Bill to Expand SBA 504 Small Business Loan Program
22m ago
New York gold falls below $4,000/oz, spot gold loses $3,990
26m ago
South Africa needs $39B extra investment to hit 3.5% growth target
33m ago
LME copper closes up $138 at $13,817/tonne; aluminium, zinc, nickel also gain
38m ago
New Huanggang Port Handles 3.44 Million Crossings in First Month