Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Daily Comments (Apr 12): SHFE and LME Metals Diverged, Shanghai Gold Refreshed Two-year High
SMM Daily Comments (Apr 12): SHFE and LME Metals Diverged, Shanghai Gold Refreshed Two-year High
Apr 12, 2023 16:44Source:SMM
The U.S. dollar index fell 0.16% as of 15:17 CST today. Crude oil futures rose slightly today. As of 15:18, WTI oil and Brent oil rose by around 0.2%.
SHANGHAI, Apr 12 (SMM) - The U.S. dollar index fell 0.16% as of 15:17 CST today. Crude oil futures rose slightly today. As of 15:18, WTI oil and Brent oil rose by around 0.2%.
As of the closing of the intraday trading, SHFE aluminium and zinc fell by about 0.3%, SHFE nickel rose by 2.61%, SHFE copper gained by 0.45%, SHFE tin went up by 0.27%, and SHFE lead advanced by 0.07%.
Rebar and hot-rolled coil prices fell slightly, down by 0.08% and 0.03% respectively. Stainless steel prices rose by 2.03%. Iron ore rose by 0.25%.
LME metals mostly closed with losses. As of 15:48, LME tin fell 1.42%, LME nickel dropped 1.08%, LME zinc dipped 0.53%, LME copper fell 0.33%; LME aluminium and lead gained 0.2%.
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
Data: SHFE, DCE market movement (Apr 12)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on April 12, 2023
Apr 12, 2023 16:10
Data: SHFE, DCE market movement (Mar 30)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on March 30, 2023
Mar 30, 2023 15:18SHFE Base Metals Prices Rise, while Nickel Prices Crash 1.12%
As of the noon close, SHFE base metals prices generally rose.
Mar 23, 2023 11:54
SMM Events & Webinars
All- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025London , the United Kingdom
- Oct20
Li-ION BATTERY China
Oct 20 - 21,2025Xiamen, China
- Oct20
APAC (10th) Ni-Cr-Mn Stainless Steel & New Energy Conference 2025
Oct 20 - 21,2025Xiamen, China
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
