Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Consulting

Home / Metal News / Base Metals to Experience Bigger Divergence, SMM Says

Base Metals to Experience Bigger Divergence, SMM Says

Jun 1, 2016 09:26

Source:SMM

Divergence will intensify among SHFE base metals prices today, SMM foresees.

SHANGHAI, Jun. 1 (SMM) – Divergence will intensify among SHFE base metals prices today, SMM foresees.

Manufacturing PMIs from China, euro zone and the US are all expected to be negative.

Technical resistance at moving averages will act as a brake for most base metals, SMM added.

Key Macroeconomic Indicators for Base Metal Prices (2016-6-1)

Copper: 35,400-35,750 yuan per tonne

Aluminum: 12,000-12,300 yuan per tonne

Lead: 12,700-12,850 yuan per tonne

Zinc: 15,050-15,200 yuan per tonne

Tin: 107,500-109,500 yuan per tonne

Nickel: 67,200-68,500 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.

base metals

base metals prices

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

Week-in-Review: Multinationals With Multiple Problems

This week was a rough one for companies such as BHP Billiton and BAE Systems.

time

Feb 26, 2016 15:30

Can Iran Return to Metals Markets Move Prices?

With so much else grabbing the headlines, it could pass largely unnoticed but that would be a mistake.

time

Jan 19, 2016 09:06

Main sea freight index at Baltic Exchange drops further to 473 points

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities dropped further to 473 points on Monday.

time

Jan 6, 2016 10:00

The MetalMiner Year in Review: The Best of 2015… Such as it Was

2015 Was a year of low commodity prices across the board and metals were no exception with our MetalMiner IndX hitting all-time lows and then beating them with new all-time lows.

time

Dec 31, 2015 15:56

Key Macroeconomic Indicators for Base Metal Prices (2015-12-16)

Focus is turning to a series of economic figures on Wednesday, including December’s flash manufacturing PMI from US and euro zone, December’s final CPI from euro zone and US new home sales.

time

Dec 16, 2015 09:51

Airbus Testing 3D-Printed Partition for A320, Made With New Metal Alloy

Airbus and Autodesk‘s design studio, The Living, have designed and developed the largest 3D-printed metal part for a commercial airplane in history.

time

Dec 2, 2015 13:10

Key Macroeconomic Indicators for Base Metal Prices (2015-11-13)

Eyes will be on US PPI, retail sales and University of Michigan CCI for November. Markets expect those data to be mixed.

time

Nov 13, 2015 09:58

Key Macroeconomic Indicators for Base Metal Prices (2015-11-10)

China’s PPI for September fell 5.9%, slipping for 43 straight months and with declines expanding persistently.

time

Nov 10, 2015 10:35

Increased Recycling may reduce metals sector energy use in China

China produces more steel and aluminum than any other country.

time

Oct 29, 2015 16:31

Key Macroeconomic Indicators for Base Metal Prices (2015-10-27)

Economic figures from US will come under spotlight on Tuesday, citing US September’s durable goods orders and Conference Board CCI.

time

Oct 27, 2015 09:39

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.Benchmarking Analysis Of the Development Direction Of MHP And Nickel Matte

2.Technical Due Diligence Survey Of Nickel Product Unit

3.Long-term Price Forecast Of Nickel Industry

4.Feasibility Study Of Nickel Industry Investment

5.Indonesia Ni Industry Analysis

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.