The Domestic Commodity Futures has Closed and the Increase Rate of Iron Ore Prices Exceeded 5%

Published: May 11, 2022 16:02

Source: SMM

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The domestic commodity futures has closed and most went upward. In terms of metal, only SHFE lead and SHFE tin declined by 3.76% and 1.27% respectively.

SHANGHAI, May (SMM) - The domestic commodity futures has closed and most went upward. In terms of metal, only SHFE lead and SHFE tin declined by 3.76% and 1.27% respectively. All the others rose. SHFE nickel and SHFE aluminium closed up with increase of 3.15% and 2.61% respectively, while SHFE copper and SHFE zinc rose only slightly. Ferrous metals closed up with increase. The increase rate of Iron ore rose to 5.32%, and the rebar, HRC and stainless steel all rose by nearly 2%. The increase rate of coke and coking coal also expanded. Coke has rose by nearly 2% and coking coal has rose by nearly 3%.

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