
On Friday, March 21, 2025, commodity futures in China opened mixed, with INE crude oil increasing by 2.5% and the Freight Index rising by 2%. Among other commodities, Shanghai tin rose by 1%, zinc by 0.6%, gold by 0.3%, and aluminum by 0.1%. In contrast, silver declined by 0.4%, and nickel fell by 2.1%, while copper remained flat. Additionally, the weekly update from the Shanghai Futures Exchange (SHFE) indicated changes in warehouse stocks: copper increased by 856 tons (0.34%), aluminum surged by 15,159 tons (6.95%), zinc decreased by 5,474 tons (6.93%), lead rose by 1,956 tons (2.99%), nickel grew by 887 tons (2.82%), tin increased by 84 tons (0.99%), and rubber saw a slight rise of 260 tons (0.13%). Notably, copper was the only metal on the London Metal Exchange (LME) to show a week-on-week increase, while zinc recorded a gain on a day-on-day basis. In the past week, copper exhibited the largest movement among commodities, although no commodities experienced returns exceeding 2 standard deviations during this period.
The largest move in the last 7 days was: KOSPI. In the last 7 days there were no global assets that had returns greater than 2 standard deviations. https://t.co/XM7siGLbBq
The largest move in the last 7 days was: Copper. There were no commodities that had returns greater than 2 standard deviations during the period. https://t.co/vTeGD31r5h
#Copper only LME metal up week on week; #zinc posts lone day-on-day gain





