Base metals traded on the Shanghai Futures Exchange were broadly lower during Asian morning trading on Tuesday.
Zinc was the only metal to witness any gains, while nickel prices edged downward following their rally on Monday with negative sentiment stemming from a weaker downstream stainless steel market weighing on prices.
Check Metal Bulletin’s live futures report here.
| LME snapshot at 02.47am London time | ||
| Latest three-month LME Prices | ||
| Price ($ per tonne) | Change since yesterday’s close ($) | |
| Copper | 6,915 | 2 |
| Aluminium | 2,098 | 7 |
| Lead | 2,341 | -2 |
| Zinc | 3,261 | 21.5 |
| Tin | 21,355 | -20 |
| Nickel | 13,720 | 45 |
| SHFE snapshot at 10.54am Shanghai time | ||
| Most-traded SHFE contracts | ||
| Price (yuan per tonne) | Change since yesterday’s close (yuan) | |
| Copper | 51,830 | -130 |
| Aluminium | 13,950 | -115 |
| Lead | 18,180 | -265 |
| Zinc | 25,080 | 95 |
| Tin | 146,180 | -790 |
| Nickel | 104,050 | -60 |
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