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SMM Metal Spot Prices on April 7 | Copper Prices | Aluminum Prices | Lead Prices | Zinc Prices | Tin Prices | Nickel Prices | Steel | Rare Earth

Published: Apr 7, 2025 13:22

►LME outperforms SHFE, with LME copper, LME aluminum, and COMEX silver leading the gains, while SHFE copper, SHFE tin, SHFE nickel, and SHFE silver plummeted. [SMM Midday Review]

►The LME copper futures market was highly volatile in the morning session, with import window opening and offers surging significantly. [SMM Yangshan Spot Copper]

►SHFE copper hit the limit down at the opening, with spot market "turbulent," but "cleared up" after the opening. [SMM SHFE Spot Copper]

►Copper prices hit the limit down after the holiday, with spot trades remaining sluggish. [SMM South China Spot Copper]

►Copper prices plummeted while premiums and discounts rose, with a strong wait-and-see sentiment in the market. [SMM North China Spot Copper]

►SMM 2025/4/7: Purchase quotes for scrap batteries from a well-known domestic secondary lead company.

►Ningbo Zinc: Traders stood firm on quotes, while downstream buyers took advantage of low prices. [SMM Midday Review]

►Guangdong Zinc: The futures market's center moved downward, while spot premiums and discounts rose. [SMM Midday Review]

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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