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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Feb. 24, 2017)

SMM Price Outlook for Base Metals on SHFE (Feb. 24, 2017)

iconFeb 24, 2017 09:19
Source:SMM
Base metals overnight mostly dropped sharply, and on Friday, price declines will be continuing, but at a slower pace, and some markets may stage technical rally.

SHANGHAI, Feb. 24 (SMM) – Base metals overnight mostly dropped sharply, and on Friday, price declines will be continuing, but at a slower pace, and some markets may stage technical rally.

Key Macroeconomic Indicators for Base Metal Prices (2017-2-24)

Product

Price Range

Copper

47,000-47,900

Aluminum

13,400-13,700

Lead

18,000-19,000

Zinc

22,400-22,900

Tin

143,000-146,000

Nickel

86,500-88,500

Unit: yuan/tonne

Source: SMM

Note: Prices all above are for most-actively traded contract on the SHFE.

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