SHANGHAI, Jul. 27 (SMM) – On Wednesday’s night trading, the rising momentum in base metal market waned, with mixed price movement reported. Price fallback is expected to be seen after sharp rallies.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 24-28, 2017)
|
Product |
Price Range |
|
Copper |
50,000-50,500 |
|
Aluminum |
14,400-14,560 |
|
Lead |
17,900-18,050 |
|
Zinc |
23,090-23,340 |
|
Tin |
147,500-148,500 |
|
Nickel |
80,500-82,300 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-7-27)
Note: Prices all above are for most-actively traded contract on the SHFE.
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