SHFE nonferrous metals closed mixed on Friday April 9 after the S&P 500 on Wall Street cruised to yet another record closing high overnight.
Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces lost 2.33 percentage points from the previous week to 75.71% as of Friday April 9.
Social inventories of silicon metal across Huangpu port, Kunming city and Tianjin port declined 7,000 mt from the prior week to 50,000 mt as of Friday Apr 9, SMM data showed.
Operating rates across primary lead smelters in Henan, Hunan and Yunnan provinces rose slightly from the previous week to 58.9% in the week ended April 9, showed an SMM survey.
As of April 9, iron ore inventories across 35 ports tracked by SMM totalled 124.69 million mt, a decrease of 400,000 mt from the previous week, but up 16.55 million mt year-on-year. Daily average deliveries from the 35 ports decreased 124,000 mt on a weekly basis to 2.55 million mt last week.
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