SHANGHAI, Sept. 5 (SMM) – On Monday’s night trading, base metals were mixed, with LME market slightly stronger than SHFE market. Price divergence is expected to be continuing at highs.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Sept. 4-8, 2017)
|
Product |
Price Range |
|
Copper |
53,000-53,450 |
|
Aluminum |
16,500-16,700 |
|
Lead |
19,400-19,650 |
|
Zinc |
25,900-26,350 |
|
Tin |
146,500-148,500 |
|
Nickel |
96,000-97,000 |
Unit: yuan/tonne
Source: SMM
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