In the night trading of Shanghai Futures Exchange on Wednesday (January 15), most of the basic metal futures showed a downward trend. Among them, the price of alumina fell significantly, with a drop of 3.7%, showing the market's short-term bearish sentiment on this variety. At the same time, Shanghai tin, Shanghai aluminum, Shanghai nickel and Shanghai zinc also fell to varying degrees, with a drop of 0.39%, 0.27%, 0.11% and 0.06% respectively, indicating that the trading activity of these metals in the market has declined. It is worth noting that the price of stainless steel futures remained stable without significant fluctuations.
However, in the midst of a downward trend, Shanghai copper and Shanghai lead rose against the trend. The price of Shanghai copper rose by 0.29%, showing the market's optimistic expectations for the future trend of the metal. The performance of Shanghai lead was even stronger, with an increase of 0.82%, becoming one of the highlights of the night's trading. This trend of ups and downs reflects the complexity and variability of the metal futures market, and also provides investors with more trading opportunities and choices.