SMM Evening Comments (Apr 30): Nonferrous metals on the SHFE closed mixed, zinc slumped 2.15%

SHANGHAI, Apr 30 (SMM) – SHFE nonferrous metals closed mixed on Friday April 30. Copper shed 0.61%, zinc plunged 2.15% and lead weakened 1.21%, while aluminium rose 1.33%, nickel gained 1.48% and tin climbed 1.53%.

Copper: The most-traded SHFE 2106 copper contract shed 0.61% to close the day at 71,890 yuan/mt, with open interest decreasing 12,922 lots to 162,000 lots.

Aluminium: The most-active SHFE 2106 aluminium contract rose 1.33% to end the day at 18,990 yuan/mt, with open interest losing 12,627 lots to 275,000 lots.

Zinc: The most-liquid SHFE 2106 zinc contract slumped 2.15% to finish the day at 21,795 yuan/mt, with open interest losing 20,106 lots to 85,338 lots.

Nickel: The most-traded SHFE 2106 nickel contract closed the day 1.48% higher at 131,410 yuan/mt, with open interest decreasing 15,072 lots to 136,000 lots.

Lead: The most-active SHFE 2106 lead contract slid 1.21% to end the day at 15,110 yuan/mt, with open interest losing 3,911 lots to 48,408 lots.

Tin: The most-liquid SHFE 2106 tin contract finished the day 1.53% firmer at 193,780 yuan/mt, with open interest falling 1,747 lots to 15,350 lots.