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Losses in Base Metal Market to Ease, SMM Expects
Nov 19,2015 09:46CST
industry news
Source:SMM
Base metal prices are expected to remain weak, but the pace of falling will slow on Nov. 19, Shanghai Metals Market foresees.

SHANGHAI, Nov. 19 (SMM) – Base metal prices are expected to remain weak, but the pace of falling will slow on Nov. 19, Shanghai Metals Market foresees. 

“The relatively neutral tone in US’s October meeting minutes will likely slow rising pace of the dollar, and this will be of help to base metal prices,” SMM says. 

Copper: 34,450-34,950 yuan per tonne

Aluminum: 9,950-10,050 yuan per tonne

Lead: 11,900-12,050 yuan per tonne

Zinc: 12,200-12,400 yuan per tonne

Tin: 86,500-88,500 yuan per tonne

Nickel: 69,000-71,000 yuan per tonne

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

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.


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