Home / Metal News / Shanghai Zinc and Shanghai Nickel rose more than 1% in the outer market, leading to a decline in the inner market. Black is strong [SMM Daily Review]

Shanghai Zinc and Shanghai Nickel rose more than 1% in the outer market, leading to a decline in the inner market. Black is strong [SMM Daily Review]

iconApr 6, 2022 15:36
Source:SMM

SMM4 March 6 News: today, the dollar index floated red, maintained a small upward throughout the day, crude oil futures concussion upward. As of 15:30, the dollar index rose 0.16%, US oil fell 0.03%, and cloth oil rose 0.23%.

Metal futures market: by the end of the day, most of the inner metal rose, only Shanghai aluminum fell 0.9% only floating green. Other varieties closed higher, with 1.58% increase in zinc and 1.34% increase in nickel in Shanghai. Shanghai tin rose nearly 1%, while Shanghai copper and Shanghai lead rose slightly by 0.48% and 0.57% respectively.

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Black is also the majority of the general rise, only hot rolls, thermal coal slightly falling green. In other respects, stainless steel rose all the way, leading the way up 2.86%, iron ore rose 2.15%, and thread rose 0.23%. In terms of double coke, coking coal fluctuated upward, closing up 0.68%, and coke rose to 2.75%.

LME metal futures: as of 15:30 Beijing time, the outer disk metal fell. Only Lunxi rose 0.09% and only floated red. The rest were downwards, of which Lun Nickel led the decline by 1.25%, Lun Zinc fell 0.83%, Lun lead and Lun Copper fell 0.76% and 0.72% respectively, followed by Lun Aluminum, which fell slightly by 0.56%.

As at 15:30 on April 6th:

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The stock market closed

The three major indexes diverged throughout the day, the Shanghai Composite Index rose slightly, and the gem index opened low and fell more than 1%.

On the market, the real estate plate rose again, and the plate rose and stopped again. The rise of the real estate plate also led to the collective strength of the real estate industry chain plate, steel, building materials and other plates rose collectively. The education sector is strong throughout the day. In terms of decline, track stocks such as semiconductors were depressed throughout the day. On the whole, stocks rose more than fell less, and more than 3200 stocks in the two cities rose. Today's turnover on the Shanghai and Shenzhen stock markets is 966.1 billion, 30.5 billion higher than that of the previous trading day.

In terms of plates, education, iron and steel, chicken breeding, real estate, oil and gas and other sectors led the rise, while semiconductors, HJT batteries, high delivery, PVDF concepts and other plates led the decline.

By the close, the Prev index was up 0.02%, the Shenzhen Composite Index was down 0.45%, and the gem Index was down 1.24%. Northbound funds sold 5.321 billion net throughout the day, of which Shanghai shares sold 2.51 billion and Shenzhen stocks sold 2.811 billion.

Today, the coal industry plate floated green, and the plate index fell 0.41%. In terms of individual stocks, ST is close to the closing limit, Yitai B shares are up nearly 5%, St Antai is up 3.41%, and Meijin Energy is up 2.41%.

The three major A-share indexes are mixed with steel, real estate, oil and gas and other sectors leading the way in terms of semiconductors and HJT batteries. [stock market closed]

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