Market sentiment has improved, SHFE zinc prices rebounded [SMM zinc morning comment]
LME zinc opened at $2445/mt yesterday evening, and hit a high of $2458.5/mt before falling back to $2425.5/mt, and closed at $2437/mt, a decrease of $10.5/mt or 0.43%.
Lead prices rose over 2.0% overnight [SMM lead morning comment]
LME lead opened at $2005.5/mt last evening and rose by 2.50% to close at $2053/mt, after hitting the lowest point at $1995/mt and the highest point at $2063/mt.
SMM Nickel Market Morning Comment (Mar 29)
Overnight, the most-traded SHFE nickel contract opened at 128,990 yuan/mt, and closed at 130,530 yuan/mt, down 1,020 yuan/mt.
SMM Tin Market Morning Comment (Mar 29)
SHFE 2404 tin contract moved rangbound, closing at 222,990 yuan/mt, up 0.1%.
SMM Aluminum Market Morning Comment (Mar 29)
Overnight, the most-traded SHFE 2405 aluminum contract opened at 19,500 yuan/mt, with its lowest and highest at 19,495 yuan/mt and 19,605 yuan/mt before closing at 19,580 yuan/mt, up 105 yuan/mt or 0.54%.