SHANGHAI, Sep 8 (SMM) — Shanghai base metals, except for zinc and nickel, opened on a positive note on Tuesday morning, holding onto overnight gains, while the LME complex traded lower for the most part, as investors monitor further tensions between the US and China.
Shanghai base metals rose for the most part in overnight trading. Copper added 0.46%, aluminium advanced 0.52%, zinc edged up 0.05%, lead climbed 0.32% and tin rose 0.89%, while nickel underperformed with a 0.23% loss.
Their counterparts on the LME closed mixed on Monday. Copper inched up 0.18%, aluminium strengthened 0.31% and tin rose 0.52%, while lead weakened 0.28%, nickel fell 0.85% and zinc traded flat.
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