SMM Morning Comments (Nov 23): Shanghai base metals were mostly higher as investors watch for coronavirus developments


Source: metal.com metal.com

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Shanghai base metals on the SHFE were mostly higher on Monday morning, and their counterparts on the LME also rose for the most part, as investors continue to watch for coronavirus developments. SHANGHAI, Nov 23 (SMM) — Shanghai base metals on the SHFE were mostly higher on Monday morning, and their counterparts on the LME also rose for the most part, as investors continue to watch for coronavirus developments. Shanghai base metals mostly advanced in overnight trading. Copper added 2.13%, aluminium rose 0.13%, lead surged 4.05%, zinc went up 1.07% and nickel strengthened 1.79%, while tin fell 0.23%. The LME...