SHFE copper, nickel futures edge lower, aluminum rises further on week

Major futures for key non-ferrous metals on the Shanghai Futures Exchange (SHFE) – copper, nickel, and aluminum – showed mixed price movements during the March 6-13 week, with copper and nickel declining further while aluminum moved higher.

As of the end of Friday's daytime trading session, the most-traded April copper futures contract had slipped by 0.7% on week to Yuan 100,310/tonne ($14,553.8/t), while the most-traded May nickel contract had dropped by 0.2% from a week earlier to Yuan 136,930/t. In contrast, the most active May aluminum