Shanghai Tin futures surged on Monday, hitting a high since May 2022, with Nickel, copper, zinc, and aluminum also rising. Gold and silver declined. Containers led shipping gains, with ZIM, GSL, and CMRE performing well. Silver and gold fell on Tuesday, while Tin, copper, zinc, and aluminum also dropped. Nickel saw a slight increase. Container freight futures and IronOre prices fluctuated. Tin futures in China opened lower on Wednesday, along with decreases in Nickel, aluminum, copper, and gold. IronOre and crude oil prices showed mixed movements. The Container freight futures index continued to rise, reaching new highs, with ZIM, HLAG, and MAERSK performing strongly. Base metals opened higher on Thursday in China, with Tin, copper, zinc, aluminum, and nickel showing gains. IronOre and crude oil prices increased. On Friday, Tin, copper, zinc, aluminum, and nickel opened higher, while IronOre and steel rebars dropped. Crude oil prices rose, and Shanghai gold opened flat.
The Container freight futures …. Keeps going up another 2.3% for another new high! It’s been on a crazy roll. $ZIM $HLAG $MAERSK. IronOre down 1.0% https://t.co/FtnSyoej7W
⚡Base metals open higher in #China on Friday morning. #Tin +2%, #copper +1%, #zinc +0.7%, #aluminum +0.44%, and #nickel +0.25%. #IronOre drops by 1%, and #steel rebars down 0.7%. INE crude oil rises by 0.75%. #OOTT Shanghai #gold opens flat. https://t.co/prGGUGvHqi
Wow... The container freight futures index is up another 5.5% for a new high. $ZIM $HLAG $MAERSK IronOre also up 1.5% https://t.co/ke4Xcki7wC
⚡️More commodities open higher in #China on Thursday. INE Freight Index futures open up 5.5%, to a new high since its debut. #IronOre rises 1.5%. #Copper +0.64%, #nickel +0.6%, #aluminum +0.52%. #Tin extended gain to 0.8%. #Zinc flat. INE crude oil +1.08%. #OOTT https://t.co/Fyuj9hMISw
#China Copper Gauge at Zero Offers Stark Warning to Metals Bulls Premiums paid on imported refined metal extend lengthy decline Chinese inventories rising, spot prices at discount to futures https://t.co/P0JC9F8dxP
The Container freight futures up again! +1.7%. I’ve lost track of its winning streak. $ZIM $HLAG $MAERSK IronOre continues to inch recover and up +0.2% https://t.co/bMjfOdvQCC
⚡China #Tin futures open down 4% on Wednesday. #Nickel -1.6%, #aluminum -1%, #copper -0.5%. #Zinc +0.2. #IronOre rises 0.23%. INE crude oil rebounds 1.5%. #OOTT Shanghai #gold futures are down 0.12%, while gold and #silver T+D contracts are rising. https://t.co/LLBYYB1G4j
In early market action, Containers are the top shipping gainers for the 2nd day in a row: - $ZIM over +3% - $GSL +2% and a new 52 week high! - $CMRE +1.8%
Container freight futures up +0.20%. $ZIM ended up 9% on Monday. IronOre up +0.10% https://t.co/JXN3qZaNcp
⚡Shanghai #Silver falls 2.9% and #gold drops 1.8% on Tuesday morning, #Tin is down 2.3% after Monday's surge. #Copper -0.6%, #zinc -0.46%, #aluminum -0.12%. #Nickel +0.14%. #IronOre +0.12%, #steel rebars -0.05%. INE crude oil rises 0.17%. #OOTT #China https://t.co/DZBLPofKav
Mid-Day shipping market gainers lead by containers: - $ZIM +5.8% - $CMRE +2.9% - $ESEA +2.7% - $GSL +2.5%
Not a common occurrence lately, but Containers are the best performing shipping segment today. Lead by $ZIM $GSL $CMRE https://t.co/BuwrPwQJHF
⚡Shanghai #Tin futures extend rally to 7%. #Nickel is now up over 5%. #China #metal https://t.co/L3d00J2TGz https://t.co/A7N1pJtE01
⚡Shanghai #Tin futures open up 4.6% on Monday morning, to a fresh high since May 2022. #Nickel +3.5%, #copper +1.9%, #zinc +0.6%, #aluminum +0.5%. #Gold -0.4%, #silver -0.3%. #IronOre -0.23%, #steel rebars -0.33% INE crude oil drops 1.8%, the lowest in a month. #China #OOTT https://t.co/U4uP2viQiA