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SHFE copper and aluminium registered new ten-year highs
Apr 27,2021 16:47CST
SMM Insight
Source:SMM
Non-ferrous metals concept stocks strengthened sharply in early trading, Zhongyuan New Materials pulled up by its daily limit, and Electrical Alloy, Yunnan Tin Group, Zhangyuan Tungsten, Jiangxi Copper and Yunnan Aluminium surged. Since the beginning of this week, metals prices rose broadly. The most-traded SHFE copper contract at one point surged to 72,460 yuan/mt yesterday, the highest in nearly ten years, and SHFE aluminium also registered a ten-year high today. Other base metals also increased significantly.
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SHFE copper
SHFE aluminium

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