Latest Update in the China Tin Market

China’s copper cathode output shrank in July as some smelters conducted maintenance to deal with shortage of copper concentrate.

SHFE nonferrous metals, except for copper, cruised higher on Friday August 7, but ferrous metals all declined.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on August 7, 2020

Nonferrous metals on the SHFE mostly increased on Friday morning, holding onto overnight gains, and lead surged nearly 2.5%.

Nonferrous metals rose for the most part, and glod prices scaled new heights on Thursday. 

SHFE nonferrous metals closed mixed on Thursday August 6 investors awaited jobless claims data.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on August 6, 2020

Nonferrous metals on the LME rose for the most part on Thursday morning. Shanghai base metals, except tin and aluminium, moved higher as of 9:35 Beijing time, holding onto overnight gains.