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SMM Morning Comments (Jul 9): Shanghai base metals were mixed as investors looked ahead to China s inflation data_SMM

Shanghai base metals were mostly higher on Friday morning as investors looked ahead to the release of China s inflation data. Meanwhile, their counterparts on the LME advanced across the board. SHANGHAI, Jul 9 (SMM) Shanghai base metals were mostly higher on Friday morning as investors looked ahead to the release of China s inflation data. Meanwhile, their counterparts on the LME advanced across the board. Shanghai base metals closed mixed in overnight trading. Copper slid 0.26%, tin declined 0.2% and aluminium weakened 0.03%, while nickel climbed 0.1%, zinc rose 0.36% and lead increased 0.35%. The LME complex performed similarly on Thursday. Nickel climbed 0.3%, tin rose 0.3% and lead increased 0.31%, while copper slid 1.24%, zinc declined 0.52% and aluminium weakened 1.49%.

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