SHANGHAI, Aug. 3 (SMM) – On Wednesday’s night trading, base metals closed higher thanks to a weaker dollar, with copper and tin underperforming others, and market is likely to challenge high.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)
|
Product |
Price Range |
|
Copper |
50,050-50,500 |
|
Aluminum |
14,760-14,900 |
|
Lead |
18,300-18,600 |
|
Zinc |
22,980-23,420 |
|
Tin |
146,000-148,000 |
|
Nickel |
82,500-83,500 |
Unit: yuan/tonne
Source: SMM
Note: Prices all above are for most-actively traded contract on the SHFE.
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