Most SHFE base metals closed lower as bullish positions booked profits and exited after US, China agreed to trade truce
Shandong Weiqiao Group lowered the benchmark purchasing price for prebaked anode for the 4th month in a row in Oct
SHFE base metals traded mixed on Friday night
Nearby prices of praseodymium-neodymium oxide are likely to hover weakly with limited support from consumption.
Consumption of ternary batteries may unlikely to improve by the end of Oct
SHFE nonferrous metals ended mixed on Friday
SMM statistics showed that iron ore stocks across 35 Chinese ports grew 5.94 million mt from pre-holiday levels to 116.64 million mt as of October 11.
LME base metals closed higher across the board, while the SHFE complex drifted mostly higher
SHFE nonferrous metals ended mostly higher on Thursday with zinc as the best performer
An active afternoon trading session had traders raising quotes amidst an increase in inquiries. PB Fines in Tangshan traded at 750yuan/mt following the DCE close.