Shanghai copper prices rose for a second session on Wednesday, registering their biggest daily leap since October, as traders took up new positions in the metal before the Shanghai Futures Exchange (ShFE) closed for a national holiday. The most-traded April copper contract on the ShFE ended up 1.8 percent at 52,790 yuan ($8,323.87) a tonne for its highest close in a week and biggest daily jump since Oct. 17.
Shanghai nickel closed up 3.2 percent, tracking a 2.7 percent rise in London on Tuesday, while zinc finished 2.3 percent higher on indications of a tight market.
Comments
Comments are closed.