๐งพ *Metal Market Update – Mid-Day Snapshot*
*Advisory Bazaar Info Services*
๐น *Overseas Metals (LME):*
As of mid-day, most LME metals traded lower:
• LME Copper: ↑ 0.08%
• LME Aluminum: ↑ 0.05%
• LME Nickel: ↓ 0.26%
• LME Zinc: ↓ 0.94%
• LME Tin: ↓ 0.24%
• LME Lead: ↓ 0.17%
๐น *China Base Metals (SHFE):*
Broad-based decline observed in SHFE metals:
• SHFE Copper: ↓ 0.05%
• SHFE Aluminum: ↓ 0.07%
• SHFE Nickel: ↓ 0.51%
• SHFE Zinc: ↓ 1.29%
• SHFE Tin: ↓ 0.58%
• SHFE Lead: ↓ 0.20%
๐น *Other Industrial Inputs:*
• Aluminum Futures (most-traded): Slight decline
• Alumina Futures: ↓ 2.01%
• Lithium Carbonate: ↓ 1.95%
• Silicon Metal: ↓ 4.31%
• Polysilicon: ↓ 2.78%
๐น *Ferrous Metals:*
Contrary to the non-ferrous trend, ferrous metals posted broad declines:
• Iron Ore: ↓ 1.32%
• Rebar: ↓ 0.73%
• Hot Rolled Coil (HRC): ↓ 0.35%
• Stainless Steel: ↓ 1.07%
๐น *Coking Coal & Coke:*
• Coking Coal: ↓ 3.92%
• Coke: ↓ 2.70%
๐น *Precious Metals:*
Gains were seen across the board in precious metals:
• COMEX Gold: ↑ 0.74%
• COMEX Silver: ↑ 0.02%
• SHFE Gold: ↑ 1.04%
• SHFE Silver: ↑ 0.09%