Shanghai and LME base metals closed mixed as the easing pandemic in China signaled recovering demand, while market caution increased yesterday when the Fed's Powell stated that if inflation does not fall back, the Fed will continue to raise rates until it does. LME copper rose 0.5%, aluminium added 1.66%, lead lost 0.95%, zinc jumped 1.44%. SHFE copper rose 0.22%, aluminium fell 0.2%, lead lost 0.54%, zinc inched up 0.02%. Copper: LME copper opened at $9,402/mt yesterday and then hit the lowest and highest price of $9,333.5/mt and $9,434/mt respectively. At last, the prices closed at $9,336/mt, up 0.5%. Trading ... (full story)