20 OCTOBER 2025MYSTEEL
SHFE non-ferrous metal futures decline on week
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Major futures prices for key non-ferrous metals – copper, nickel, and aluminium – on the Shanghai Futures Exchange (SHFE) all declined during the week of October 10–17, as macroeconomic uncertainties weighed on market sentiment.
As of the end of daytime trading on Friday, the SHFE's most-traded copper contract for December delivery closed at RMB 84,390 per tonne (USD 11,844 per tonne), down by 1.8 per cent from the previous week. The same day, the most-traded December nickel and aluminium contracts also slipped by 0.7 per cent and 0.3 per cent on week to end at RMB 121,330 per tonne and RMB 20,910 per tonne, respectively.
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