US Dollar Falls for 5 Consecutive Days, Metals Show Mixed Performance, Polysilicon Rises Over 6%, COMEX Gold and SHFE Silver Hit Record Highs [SMM Daily Review]

SMM, September 1: Metal Market: By the daytime close, base metals in the domestic market mostly rose, with only SHFE aluminum and SHFE tin falling, down 0.41% and 0.93%, respectively. SHFE nickel led the gains with a 1.77% increase, while the rest of the metals rose less than 1%. Alumina main contract fell 0.73%, and cast aluminum main contract dropped 0.22%. Additionally, lithium carbonate main contract fell 2.73%, while polysilicon main contract surged rapidly after the afternoon opening, closing up 6.03%. Silicon metal main contract rose 0.89%. European container shipping main contract increased 1.53% to 1,291.4. In the ferrous metals series, all except stainless steel declined, with stainless steel up 1.13%. Iron ore fell 2.67%, rebar and HRC both dropped over 1%, with rebar down 1.89% and HRC down 1.58%. For coking coal and coke, coking coal fell 3.29% and coke dropped 3.54%. In the overseas market, as of 15:04, base metals showed mixed performance. LME copper, LME zinc, and LME nickel all rose, with LME nickel leading the gains at 0.61%, LME zinc up 0.55%, and LME copper up 0.23%. LME tin led the declines with a 0.47% drop, while the other metals saw minor fluctuations.
[Reproduction requires retention of source - SMM] US Dollar Falls for 5 Consecutive Days, Metals Show Mixed Performance, Polysilicon Rises Over 6%, COMEX Gold and SHFE Silver Hit Record Highs [SMM Daily Review] https://news.smm.cn/news/103508147