SMM Daily Comments (Apr 18): Most SHFE Metals Prices Gained with Tin Prices Surging Further, Coking Coal Rose Significantly

Published: Apr 18, 2023 16:22

Source: SMM

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The U.S. dollar weakened today. As of 15:20 CST, the U.S. dollar index fell 0.25%.

Crude oil futures rose slightly. As of 15:24, WTI oil and Brent oil advanced 0.41%.

As of the closing of the intraday trading, SHFE tin soared 7.26%, SHFE aluminum gained 1.31%, SHFE nickel rose 0.41%; SHFE lead dipped 0.07%, and SHFE copper and zinc fell about 0.4%.

Coking coal rose nearly 3%, coke jumped 2.55%, iron ore rose 2.08%; rebar rose 1% and hot-rolled coil increased over 1%, and stainless steel rose 0.06%.

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