SMM Daily Comments (Apr 12): SHFE and LME Metals Diverged, Shanghai Gold Refreshed Two-year High

Publié: Apr 12, 2023 16:44
Source: SMM
The U.S. dollar index fell 0.16% as of 15:17 CST today. Crude oil futures rose slightly today. As of 15:18, WTI oil and Brent oil rose by around 0.2%.

SHANGHAI, Apr 12 (SMM) - The U.S. dollar index fell 0.16% as of 15:17 CST today. Crude oil futures rose slightly today. As of 15:18, WTI oil and Brent oil rose by around 0.2%.

As of the closing of the intraday trading, SHFE aluminium and zinc fell by about 0.3%, SHFE nickel rose by 2.61%, SHFE copper gained by 0.45%, SHFE tin went up by 0.27%, and SHFE lead advanced by 0.07%.

Rebar and hot-rolled coil prices fell slightly, down by 0.08% and 0.03% respectively. Stainless steel prices rose by 2.03%. Iron ore rose by 0.25%.

LME metals mostly closed with losses. As of 15:48, LME tin fell 1.42%, LME nickel dropped 1.08%, LME zinc dipped 0.53%, LME copper fell 0.33%; LME aluminium and lead gained 0.2%.

Déclaration sur la source des données : À l'exception des informations publiques, toutes les autres données sont traitées par SMM sur la base d'informations publiques, d'échanges avec le marché et en s'appuyant sur le modèle de base de données interne de SMM. Ils sont fournis à titre indicatif uniquement et ne constituent pas des recommandations décisionnelles.

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SMM Daily Comments (Apr 12): SHFE and LME Metals Diverged, Shanghai Gold Refreshed Two-year High - Shanghai Metals Market (SMM)