SHANGHAI, May 16 (SMM) – Base metals mostly finished higher in overnight trading, and with significant price divergence. Technically, price resistance at the upper hand will be strong.
Key Macroeconomic Indicators for Base Metal Prices (2017-5-16)
|
Product |
Price Range |
|
Copper |
45,200-45,600 |
|
Aluminum |
13,900-14,100 |
|
Lead |
15,550-15,900 |
|
Zinc |
21,500-21,800 |
|
Tin |
140,000-143,000 |
|
Nickel |
76,100-77,300 |
Unit: yuan/tonne
Source: SMM
Note: Prices all above are for most-actively traded contract on the SHFE.
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