SMM Daily Comments (Jun 1): Base Metals Mostly Rose with SHFE Aluminium Surging, Ferrous Metals Rose across the board, Iron Ore Skyrocketed

Crude oil rose today. As of 15:09, WTI oil and Brent oil rose 0.88% and 0.95% respectively.

The U.S. dollar index rose 0.09% as of 15:10. As of the closing of the intraday trading, SHFE lead and nickel fell 0.43% and 0.17% respectively; SHFE aluminum rose 2.04%, SHFE copper rose 1.4%, SHFE tin rose 0.82%, and SHFE zinc rose 0.78%.

Iron ore rose 5.77%, coking coal rose 3.58%, hot-rolled coil rose 3.01%, and coke rose 2.87%.