SHANGHAI, Apr. 14 (SMM) – Diverging price trends are expected to continue on the SHFE market on Thursday, Shanghai Metals Market foresees.
“Aluminum and zinc will continue outshining on Thursday, as rising momentum of the two products remains strong, and others will trade largely at current price ranges,” SMM says.
Copper: 36,700-37,100 yuan per tonne
Aluminum: 11,950-12,100 yuan per tonne
Lead: 13,250-13,450 yuan per tonne
Zinc: 14,800-15,200 yuan per tonne
Tin: 111,500-115,000 yuan per tonne
Nickel: 69,500-71,000 yuan per tonne
Note: All prices above are forecasts for most actively-traded contracts on each market.
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