SHFE nickel, copper futures rise, aluminum drops on week

Major futures contracts for key non-ferrous metals on the Shanghai Futures Exchange (SHFE) – namely nickel, copper, and aluminum – exhibited mixed performances during the March 20-27 week, with nickel and copper futures recording on-week gains.

As of the end of Friday's daytime trading session, the most-traded nickel and copper contracts for May delivery had climbed by 3% and 1.3% from a week earlier, closing at Yuan 137,100/tonne ($19,830/t) and Yuan 95,930/t, respectively. In contrast, the most-traded May aluminum contract edged down by 0.4% on