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Shanghai base metals performance mixed as investor caution prevails

From news.metal.com

Shanghai base metals traded mixed on Wednesday morning, as investor caution prevailed with coronavirus cases continuing to surge despite vaccine hopes. Meanwhile, their counterparts on the LME were mostly higher. Shanghai base metals closed mixed in overnight trading. Copper slid 0.89%, lead declined 0.41% and nickel weakened 1.14%, while aluminium climbed 0.85%, zinc rose 0.69% and tin increased 0.69%. The LME complex rose for the most part. Lead was the best performer with a rise of 2.02%. Tin advanced 1.79%, aluminium edged up 1.48%, zinc increased 0.9% and nickel went up 0.06%, while copper fell 0.29%. Copper: ... (full story)

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  • Category: Fundamental Analysis