SHFE nonferrous metals, except for aluminium, ended lower as optimistic sentiment around US-China trade deal eased
This comes after the city lifted its previous round of level II anti-smog measures on Nov 7
For Nov, greater impact of scrap shortfall amid low inventories will likely weigh on the rates
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on Nov 19, 2019
Greater arrivals will unlikely to depress spot prices of iron ore as steelmakers step up stockpiling for winter
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