• 19/08/2022 5:28 pm

SHANGHAI, Sep 4 (SMM) — Shanghai base metals declined across the board on Friday morning as US stock indexes plunged as tech shares snap a ten-day winning streak, while their counterparts on the LME traded higher.

 

On the SHFE, nonferrous metals finished in negative territory in overnight trading. Nickel fell 2.71%, lead declined 2.19%, copper weakened 1.18%, aluminium slipped 0.8%, zinc shed 1.83% and tin slid 1.53%.

The LME complex were mostly lower on Thursday. Nickel tumbled 4.07% to lead the losses, copper declined 1.57%, aluminium weakened 0.81%, zinc shed 1.4% and tin slid 1.09%, while lead outperformed with a 0.21% increase.

 

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