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SMM Metal Spot Prices on April 7 | Copper Prices | Aluminum Prices | Lead Prices | Zinc Prices | Tin Prices | Nickel Prices | Steel | Rare Earth

Apr 07, 2025, at 1:22 pm

►LME outperforms SHFE, with LME copper, LME aluminum, and COMEX silver leading the gains, while SHFE copper, SHFE tin, SHFE nickel, and SHFE silver plummeted. [SMM Midday Review]

►The LME copper futures market was highly volatile in the morning session, with import window opening and offers surging significantly. [SMM Yangshan Spot Copper]

►SHFE copper hit the limit down at the opening, with spot market "turbulent," but "cleared up" after the opening. [SMM SHFE Spot Copper]

►Copper prices hit the limit down after the holiday, with spot trades remaining sluggish. [SMM South China Spot Copper]

►Copper prices plummeted while premiums and discounts rose, with a strong wait-and-see sentiment in the market. [SMM North China Spot Copper]

►SMM 2025/4/7: Purchase quotes for scrap batteries from a well-known domestic secondary lead company.

►Ningbo Zinc: Traders stood firm on quotes, while downstream buyers took advantage of low prices. [SMM Midday Review]

►Guangdong Zinc: The futures market's center moved downward, while spot premiums and discounts rose. [SMM Midday Review]

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