SMM Morning Comment For SHFE Base Metals On Apr 19
LME copper prices opened at $9691/mt and closed at $9743/mt in overnight trading, a gain of 2.04%, with the low-end of $9641/mt and the high-end of $9774/mt.
Overnight, LME zinc opened at US$2,810/ton, reaching a high of US$2,850/ton. Entering the night trading period, LME zinc fell rapidly and tested as low as US$2773.5/ton.
SHFE and LME lead prices closed higher overnight [SMM lead morning comment]
LME lead opened at $2160.5/mt last evening and rose by 0.71% to close at $2183.5/mt, with the lowest point at $2149.5/mt and the highest point at $2192/mt.
Market sentiment is strong and copper prices continue to rise [SMM copper morning comment]
LME copper prices opened at $9691/mt and closed at $9743/mt in overnight trading, a gain of 2.04%, with the low-end of $9641/mt and the high-end of $9774/mt.
SMM Tin Market Morning Comment (Apr 19)
SHFE 2405 tin contract went up, closing at 266,670 yuan/mt, up 3.36%.