Home / Metal News / SMM Daily Comments (Mar 9): Base Metals Mostly Closed with Losses even as US Dollar Fell

SMM Daily Comments (Mar 9): Base Metals Mostly Closed with Losses even as US Dollar Fell

iconMar 9, 2023 15:52
Source:SMM
Today, the U.S. dollar index and crude oil fluctuated slightly. As of 15:17 CST, the U.S. dollar index fell 0.14%, while WTI crude oil and Brent crude oil rose about 0.05%.

SHANGHAI, Mar 9 (SMM) - Today, the U.S. dollar index and crude oil fluctuated slightly. As of 15:17 CST, the U.S. dollar index fell 0.14%, while WTI crude oil and Brent crude oil rose about 0.05%.

As of the close of the intraday session, SHFE copper rose 0.49%, SHFE tin fell 2.65%, SHFE nickel fell 0.66%, SHFE zinc fell 0.37%, SHFE aluminium fell 0.08%, and SHFE lead fell 0.03%.

Rebar and HRC rose by about 1.4%, iron ore rose by 0.6%, stainless steel fell by 0.44%, and coking coal and coke fell by about 0.6%.

SMM
Futures
Market
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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news