SMM Daily Comments (Apr 11): Base Metals Closed Mixed, US Dollar Snapped Four-Day Winning Streak, Stainless Steel Soared

As of 15:11 CST, the US dollar index fell 0.28%, ending its gains for four consecutive days. Crude oil futures rose slightly today. As of 15:12, WTI oil and Brent oil rose by about 0.9%.

As of the close of the intraday trading, SHFE copper and nickel rose 0.16% and 0.63% respectively. SHFE tin fell 1.45%, SHFE aluminum dipped 1.04%, SHFE zinc fell 0.58%, and SHFE lead slid 0.1%.

Stainless steel rose 2.46%, iron ore gained 1.53%, coke rose 0.9%, and coking coal advanced 0.47%.