Base metals prices on the Shanghai Futures Exchange were down across the board during Asian morning trading on Friday, with nickel prices, under pressure from the weakening buyer sentiment seen in the stainless steel sector and bouts of profit-taking, leading the decline.
Check Metal Bulletin’s live futures report here.
| LME snapshot at 2.53am London time | ||
| Latest three-month LME Prices | ||
| Price ($ per tonne) |
Change since Thursday’s close ($) | |
| Copper | 7,243 | -4 |
| Aluminium | 2,292 | 7 |
| Lead | 2,487 | -9 |
| Zinc | 3,153 | -10 |
| Tin | 21,210 | -10 |
| Nickel | 15,460 | 40 |
| SHFE snapshot at 9.58am Shanghai time | ||
| Most-traded SHFE contracts | ||
| Price (yuan per tonne) |
Change since Thursday’s close (yuan) |
|
| Copper | 53,940 | -220 |
| Aluminium | 14,895 | -190 |
| Zinc | 24,365 | -95 |
| Lead | 20,385 | -260 |
| Tin | 152,280 | -1,180 |
| Nickel | 115,940 | -2,070 |
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