Nonferrous metals differentiate today with stable tendency. SHFE Lead leading loss with nearly 3% drop.
price review forecast
The following table is base metals movement on the SHFE market on Nov. 23 2017.
January to September 2017 METALS BALANCES
SMM Inclusive Morning Comments (2017-11-23)
Today see most nonferrous metals gaining. SHFE Zinc rises over 2%. SHFE Lead rises 1.61%. SHFE Copper rises 1.56%. SHFE Nickel rises nearly 1%.
The following table is base metals movement on the SHFE market on Nov. 22 2017.
Bank of America Merrill Lynch raises anticipated price of aluminium in 2018 to $1.08 per pound (previous anticipation is $0.94 per pound).
LME Price Review of Nov 21
SMM Inclusive Morning Comments (2017-11-12)
Today Nonferrous metals keep differentiated with a weakened tendency. SHFE Aluminium leads loss among nonferrous metals with over 2% drop.
Nickel supply and demand is balanced this year, and the price is estimated to go up next year.
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