from a five-week low on Thursday. The dollar held onto gains against a basket of currencies on Thursday, as stronger-than-expected producer prices and falling jobless claims indicated the Fed would have to maintain interest rates higher for longer. Hopes for a recovery in China demand grew as a build-up in metals stocks slowed this week, lending some support to the market. The most-traded March copper contract on the Shanghai Futures Exchange rose 1.3% to 69,160 yuan ($10,083.10) a tonne.
LME aluminium gained 0.5% to $2,406 a tonne, zinc moved up 0.6% to $3,021.50, tin was little changed at $27,005, and lead was up 0.9% at $2,047.50.
SHFE aluminium rose 1% to 18,570 yuan a tonne and tin increased 1.6% to 215,420 yuan a tonne and nickel climbed 1.1% to 206,360 yuan a tonne, while lead shed 0.4% to 15,120 yuan a tonne. For the top stories in metals and other news, click or ($1 = 6.8590 Chinese yuan) (Reporting by Siyi Liu and Dominique Patton; Editing by Subhranshu Sahu)
LME price overview COMEX copper futures All metals news All commodities news Foreign exchange rates SPEED GUIDES ))
