SHANGHAI, Sep. 1 (SMM) – Base metal prices on the SHFE are expected to be volatile on Thursday, Shanghai Metals Market foresees.
“A series of major economic data from China and US will be released Thursday, and results of those data are expected to add price volatility,” SMM says.
Copper: 36,200-36,550 yuan per tonne
Aluminum: 12,150-12,300 yuan per tonne
Lead: 13,850-14,050 yuan per tonne
Zinc: 17,950-18,150 yuan per tonne
Tin: 123,500-125,000 yuan per tonne
Nickel: 78,200-79,400 yuan per tonne
Note: All prices above are forecasts for most actively-traded contracts on each market.
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