SHANGHAI, Aug. 4 (SMM) – On Thursday’s night trading, base metals were mixed at the closing, and the market is likely to be closely related to the dollar in the short run.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)
|
Product |
Price Range |
|
Copper |
50,000-50,500 |
|
Aluminum |
14,600-14,760 |
|
Lead |
18,450-18,700 |
|
Zinc |
23,120-23,500 |
|
Tin |
147,000-148,500 |
|
Nickel |
84,200-85,500 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-8-4)
Note: Prices all above are for most-actively traded contract on the SHFE.
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