SHANGHAI, Jul. 20 (SMM) – On Wednesday’s night trading, the dollar stopped falling, but a weak dollar is expected to be remain, and base metals will keep fluctuating.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 17-21, 2017)
|
Product |
Price Range |
|
Copper |
47,400-47,800 |
|
Aluminum |
14,350-14,560 |
|
Lead |
17,200-17,450 |
|
Zinc |
22,600-22,950 |
|
Tin |
146,000-147,500 |
|
Nickel |
78,200-79,800 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-7-20)
Note: Prices all above are for most-actively traded contract on the SHFE.
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