• 19/08/2022 4:15 pm

SHANGHAI, Sep 7 (SMM) — Shanghai base metals rose broadly on Monday morning as positive US jobs data boosted market sentiment, and the LME complex increased across the board.

 

On the LME, nonferrous metals rose across the board on last Friday. Copper jumped 3%, aluminium added 0.9%, zinc advanced 0.64%, lead rose 1.93%, nickel strengthened 1.73% and tin edged up 0.25%.

Their counterparts on the SHFE, except for zinc, closed higher on Friday night. Copper jumped 2.26%, aluminium climbed 0.39%, lead inched up 0.16%, nickel added 0.47% and tin advanced 0.23%, while zinc underperformed with a 0.28% loss.

 

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