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SHFE nickel, aluminum futures drop, copper gains further on week

Source: Mysteel Dec 12, 2025 17:40
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Non-Ferrous Inventory Price
Major futures prices for key non-ferrous metals on the Shanghai Futures Exchange (SHFE) – nickel, aluminum, and copper – moved in contrasting directions during the December 5-12 week, with nickel and aluminum futures declining, while copper continued to rise.
By 3 p.m. on Friday, the most-traded January 2026 nickel futures contract had fallen by 1.9% from the previous week to close the daytime trading session at Yuan 115,590/tonne ($16,383/t), while the most-traded February 2026 aluminum contract had slipped by 1% on week to Yuan 22,170/t. In contrast, the

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