SHFE nickel price down on economy within expectation Jul 17, 2018
The most-traded September nickel contract on the Shanghai Futures Exchange continued with its declines for the fourth straight day on July 17 on finding little support from China's latest economic statistics, as all have been within expectation, confirming a gradual slowing China's economy, market sources shared.
SHFE Ni price firms as trade friction seen easing Jul 12, 2018
The September delivery contract for nickel on the Shanghai Futures Exchange reversed up on July 12, with prices of other nonferrous metals including copper, aluminum and zinc also climbing, as the US Senate was seeming to go against President Donald Trump's trade policies, a market watcher said.
The most-traded September nickel contract on the Shanghai Futures Exchange plummeted sharply on July 11, as the futures investors responded immediately to Washington's latest announcement overnight on possible additional 10% tariffs on China's products valuing $200 billion soon.
SHFE Cu price up 0.4%, Zn down 2.2% Jul 10, 2018
The futures price of copper on the Shanghai Futures Exchange moved up further on the appreciation of China's Yuan against the US dollar on Tuesday, while the price of zinc slipped in line with the trend on the London Metal Exchange and the decline in downstream demand, market observers said.
The most-traded September copper contract on the Shanghai Futures Exchange pulled up on Monday, ending three successive days of declines, amid the investors' growing enthusiasm on nonferrous derivatives on noting less-than-expected US economic performance in June.
Washington's new tariffs dampen SHFE Cu futures Jul 06, 2018
The most traded copper contract on the Shanghai Futures Exchange closed on July 6 at Yuan 49,080/tonne ($7,387.2/t), lower by Yuan 520/t compared with the previous day's settlement price, with the chill in China-US relations blamed again for the market's jitters and the slide in the August delivery Cu contract.
SHFE Al down as PMI slides in June Jul 02, 2018
Shanghai aluminum sank to a 3-month low on Monday after China's manufacturing growth cooled slightly in June, reflecting a slowdown in the real economy and growing concerns over trade tensions between China and the United States.