Base metals prices on the Shanghai Futures Exchange were broadly up during Asian morning trading on Thursday, with nickel and aluminium leading the gains on sanction-related concerns.
The most-traded July nickel contract on the SHFE traded at 106,920 yuan ($17,020) per tonne as of 11.55am Shanghai time, up 2,170 yuan per tonne from Wednesday’s close.
Check Metal Bulletin’s live futures report here.
| LME snapshot at 11:55am London time | ||
| Latest three-month LME Prices | ||
| Price ($ per tonne) | Change since previous session’s close ($) | |
| Copper | 7,057 | 35 |
| Aluminium | 2,641 | 104 |
| Lead | 2,394 | 17 |
| Zinc | 3,290 | 25 |
| Tin | 21,550 | 75 |
| Nickel | 15,750 | 475 |
| SHFE snapshot at 11:55am Shanghai time | ||
| Most-traded SHFE contracts | ||
| Price (yuan per tonne) | Change since previous session’s close (yuan) | |
| Copper (June) | 51,800 | 630 |
| Aluminium (June) | 15,340 | 410 |
| Zinc (June) | 24,460 | 570 |
| Lead (June) | 18,395 | 225 |
| Tin (May) | 145,430 | -260 |
| Nickel (July) | 106,920 | 2,170 |
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