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SMM Evening Comments (Apr 30): Nonferrous metals on the SHFE closed mixed, zinc slumped 2.15%

iconApr 30, 2021 17:11
Source:SMM
SHFE nonferrous metals closed mixed on Friday April 30. Copper shed 0.61%, zinc plunged 2.15% and lead weakened 1.21%, while aluminium rose 1.33%, nickel gained 1.48% and tin climbed 1.53%.

SHANGHAI, Apr 30 (SMM) – SHFE nonferrous metals closed mixed on Friday April 30. Copper shed 0.61%, zinc plunged 2.15% and lead weakened 1.21%, while aluminium rose 1.33%, nickel gained 1.48% and tin climbed 1.53%.

Copper: The most-traded SHFE 2106 copper contract shed 0.61% to close the day at 71,890 yuan/mt, with open interest decreasing 12,922 lots to 162,000 lots.

Aluminium: The most-active SHFE 2106 aluminium contract rose 1.33% to end the day at 18,990 yuan/mt, with open interest losing 12,627 lots to 275,000 lots.

Zinc: The most-liquid SHFE 2106 zinc contract slumped 2.15% to finish the day at 21,795 yuan/mt, with open interest losing 20,106 lots to 85,338 lots.

Nickel: The most-traded SHFE 2106 nickel contract closed the day 1.48% higher at 131,410 yuan/mt, with open interest decreasing 15,072 lots to 136,000 lots.

Lead: The most-active SHFE 2106 lead contract slid 1.21% to end the day at 15,110 yuan/mt, with open interest losing 3,911 lots to 48,408 lots.

Tin: The most-liquid SHFE 2106 tin contract finished the day 1.53% firmer at 193,780 yuan/mt, with open interest falling 1,747 lots to 15,350 lots.

Copper
Aluminium
Lead
Tin
Nickel
Zinc
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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