Metals mostly fell, with alumina and SHFE nickel rising over 1%, while coke and SHFE silver saw significant declines. European container shipping surged【SMM Midday Review】
Dec 12, 2024 15:40Source:SMM
As of the midday close on December 13, the domestic base metals market mostly declined. SHFE nickel rose by 1.31%, while SHFE tin fell by 0.8%. SHFE zinc dropped by 1.04%. SHFE lead, SHFE copper, and SHFE aluminum all saw declines of less than 1%, with SHFE lead falling by 0.71%. Alumina increased by 1.64%. Additionally, lithium carbonate fell by 1.24%, and silicon metal declined by 0.89%. The ferrous metals series uniformly fell, with iron ore dropping by 1.3%. Rebar and HRC fell by 1.55% and 1.77%, respectively. Stainless steel decreased by 0.46%. In the double coke sector, coking coal fell by 1.77%, and coke dropped by 2.88%. In the overseas metals market, as of 11:39, the basic metals showed mixed performance. LME tin rose by 0.1%, while LME nickel and LME aluminum slightly increased, and LME copper fell by 0.05%, LME zinc by 0.2%, and LME lead by 0.4%. In the precious metals sector, as of 11:39, COMEX gold increased by 0.1%; COMEX silver fell by 0.46%. Domestically, SHFE gold fell by 0.38%, and SHFE silver by 1.94%. As of the midday close, the most-traded Euro Line Shipping contract surged by 5.99%, reaching 2,562.5 points.
[Reproduction must retain the source - SMM] Metals mostly fall, alumina and SHFE nickel rise over 1%, coke and SHFE silver lead declines, Euro Line Shipping surges【SMM Midday Review】 https://news.smm.cn/news/103087042
SMM December 13th report: In the metals market, by midday close, most domestic base metals were down. SHFE nickel was up 1.31%, while SHFE tin fell 0.8%. SHFE zinc dropped 1.04%. SHFE lead, SHFE copper, and SHFE aluminum all fell by less than 1%, with SHFE lead down 0.71%. Alumina rose 1.64%. Additionally, lithium carbonate fell 1.24%, and silicon metal dropped 0.89%. The ferrous metals series all showed declines, with iron ore down 1.3%. Rebar and HRC fell 1.55% and 1.77%, respectively. Stainless steel was down 0.46%. In the double coke sector, coking coal fell 1.77%, and coke dropped 2.88%. In the overseas market, as of 11:39, base metals showed mixed performance. LME tin was up 0.1%, LME nickel and LME aluminum slightly rose, while LME copper fell 0.05%, and LME zinc dropped 0.2%. LME lead fell 0.4%. In precious metals, as of 11:39, COMEX gold rose 0.1%; COMEX silver fell 0.46%. Domestically, SHFE gold fell 0.38%, and SHFE silver dropped 1.94%. By midday close, the most-traded contract for European intermodal transport surged 5.99%, reaching 2,562.5 points.
[Reproduction must retain the source - Shanghai Metals Market] Metals mostly fall, alumina and SHFE nickel rise over 1%, coke and SHFE silver lead declines, European intermodal transport surges【SMM Midday Review】 https://news.smm.cn/news/103087042
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