News Snapshot:
SHANGHAI, Apr 27 (SMM) – Shanghai nonferrous metals mostly closed with gains as the COVID situation in Shanghai seems to have reached its pivot with asymptomatic infected persons of COVID-19 in the city falling greatly from a day ago. Nonetheless, capitals are withdrawing from the market in light of upcoming Labour Day holiday. Shanghai copper rose 0.3%, aluminium added 0.51%, lead dropped 0.61%, zinc gained 0.84%, tin jumped 2.95%, and nickel advanced 5.52%. Copper: The most-traded SHFE 2206 copper closed up 0.3% or 220 yuan/mt at 73,320 yuan/mt, with open interest down 524 lots to 148,335 lots. The downstream was...
