Shanghai Metals Market7m
The center of SHFE zinc shifted downward due to the drag of reciprocal tariff prospects [SMM Morning Comment].
Comment】The most-traded SHFE zinc 2505 contract opened at 23,480 yuan/mt. At the beginning of the session, shorts increased their positions, causing SHFE zinc to plunge and test a low of 23,230 ...
Shanghai Metals Market10m
The market is concerned about the tariff outlook, and LME zinc is trending downward. [SMM Morning Meeting Summary]
Market Worries About Tariff Prospects, LME Zinc Declines】Overnight, LME zinc opened at $2,851.5/mt. At the beginning of the session, shorts exited the market, pushing the center of LME zinc higher to ...
Shanghai Metals Market26m
Trump's Tariff Countdown, Copper Prices Under Pressure with Low-Level Fluctuations [SMM Morning Comment on Copper]
Countdown to Trump's Tariffs, Copper Prices Under Pressure and Fluctuating at Low Levels】Macro side, Trump is expected to announce reciprocal tariffs at 3:00 AM Beijing time on April 3. Recent news ...
Shanghai Metals Market29m
Metals generally declined, with copper futures falling for five consecutive sessions, hitting a nearly three-week low [LME closing on April 1].
At 17:00 London time on April 1 (00:00 Beijing time on April 2), LME three-month copper closed down $17, or 0.18%, at $9,693/mt, after earlier touching $9,669, the lowest since March 12.