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Home / Metal News / SMM Daily Comments (Apr 27): Most Base Metals Prices Fell, Coking Coal Plunges, Gold Posts 3-Day Winning Streak

SMM Daily Comments (Apr 27): Most Base Metals Prices Fell, Coking Coal Plunges, Gold Posts 3-Day Winning Streak

Apr 27, 2023 16:52

Source:SMM

Crude oil prices snapped losses for two consecutive days and rose slightly today. As of 15:04 CST, WTI oil rose 0.32% and Brent oil climbed 0.42%.

SHANGHAI, Apr 27 (SMM) – Crude oil prices snapped losses for two consecutive days and rose slightly today. As of 15:04 CST, WTI oil rose 0.32% and Brent oil climbed 0.42%.

The U.S. dollar index fell 0.05% as of 15:05 CST. As of the closing of the intraday trading, SHFE nickel rose 0.12%, SHFE zinc gained 0.14%, SHFE lead dropped 0.07%, SHFE tin fell 0.42%, SHFE copper dipped 0.8%, and SHFE aluminium fell 1.36%.

Stainless steel prices gained 1.2%, iron ore advanced 0.56%, rebar fell 0.3%, and hot coil dipped 0.64%.

In terms of precious metals, Shanghai gold rose for three consecutive days, closing up 0.37% today. Shanghai silver rose 0.7%.

As of 15:12, COMEX gold rose 0.76%, silver jumped 1.14%.

SMM Daily Comments (Apr 20): Most Base Metals Prices Closed with Losses, SHFE Zinc Plunged, Coking Coal Prices Dived

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Industry

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May 5, 2023 10:43

Industry

Russia Will Reduce Oil Production At The Federal Level Until The End Of 2023, With Pipeline Oil Exports To The EU Down More Than Two-Thirds

SMM Daily Aluminium Market Comment and Forecast

SHANGHAI, May 5 (SMM) - At Thursday’s night session, the most-traded SHFE 2306 aluminium contract opened at 18,410 yuan/mt, with the highest and lowest prices at 18,410 yuan/mt and 18,250 yuan/mt before closing at 18,330 yuan/mt, down 115 yuan/mt or 0.62%.

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Industry

SMM Daily Aluminium Market Comment and Forecast

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Industry SMM Insight SMM Comments

JPMorgan Chase and Wells Fargo Took a Hit by Increasing Woes over Financial Risks, Copper Prices to be Weighed on

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Industry

SMM Weekly Updates On China Aluminium Ingot And Billet Social Inventories As Of May 4

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SMM Daily Comments (Apr 27): Most Base Metals Prices Fell, Coking Coal Plunges, Gold Posts 3-Day Winning Streak

SMM Events & Webinars

NET ZERO EUROPE - Solar & Energy Storage Summit

2nd Li-ion Battery Europe 2024

2024 Global Renewable Metal Industry Chain Summit