Volatility Up in Shanghai Base Metals Market ahead of Holidays, SMM Says

SHANGHAI, Sept. 25 (SMM) – Base metal prices on the SHFE are expected to fluctuate widely on Sept. 25, Shanghai Metals Market foresees.  

“Market caution is growing ahead of the upcoming week-long holiday in China, and investors will gradually exit the market, and price volatility will grow as a result,” SMM says. 

Copper: 38,500-39,200

Aluminum: 11,800-11,900

Lead: 13,230-13,350

Zinc: 13,800-13,950

Tin: 98,500-100,000

Nickel: 77,000-77,800

Note: All prices above are forecasts for most actively-traded contracts on each market. 

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