SHANGHAI, Aug. 1 (SMM) – On Monday’s night trading, base metals lacked the rising strength, with LME base metals outperforming SHFE ones. The dollar refreshed a one-year low.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)
|
Product |
Price Range |
|
Copper |
50,350-50,850 |
|
Aluminum |
14,380-14,500 |
|
Lead |
18,200-18,500 |
|
Zinc |
23,110-23,330 |
|
Tin |
149,000-150,000 |
|
Nickel |
82,000-83,200 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-8-1)
Note: Prices all above are for most-actively traded contract on the SHFE.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
