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Metal floating red Shanghai nickel up more than 3 4% aluminum prices in the two markets are up more than 1 7% [overnight market]_SMM
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Crude oil tumbled 4% in internal and external trading, metal fell in both markets, aluminum and nickel dived together [overnight market]_SMM
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[SMM Zinc Weekly selection: overseas stocks may continue to passively follow domestic zinc prices] Lun Zinc, two situations this week. One is that Tektronix Resources has signed an annual zinc concentrate contract, raising processing fees by 45% to $230 per dry ton. At the same time, an automatic adjustment clause has been signed: if the zinc price exceeds US $3800 per ton, the processing fee will increase by US $0.050 per ton, but if the zinc price falls, the processing fee will remain unchanged (the same as the domestic 28-share mechanism). This price can be seen, in the case of reduced production in Europe and China's refusal to mine imported mines, overseas mines.
Crude oil stops rising, base metals mostly rise, black gains narrow [SMM tracking]_SMM
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[overnight quotation: the outer disk metal fell, the inner plate Shanghai Nickel rose nearly 9%, the black line continued to weaken] the outer disk metal fell, Lun Copper fell nearly 3%, Lun Zinc and Lunxi fell 2.66% and 2.56% respectively, followed by Lun Aluminum slightly down 0.18%. Lun Zinc concussion remained stable. In the inner market, Shanghai Nickel stopped falling and rose against the trend, and the night market closed up 8.53% as the only floating red. Other varieties closed down. Among them, Shanghai tin fell by 2.73%, black except stainless steel, Shuangjiao continued to decline, coking coal fell nearly 4%, coke fell 3.1%.