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Base Metals to Swing This Week, SMM Says 

iconNov 14, 2016 09:18
Source:SMM
Base metal prices on the SHFE are expected to swing in a wide range this week, Shanghai Metals Market foresees. 

SHANGHAI, Nov. 14 (SMM) – Base metal prices on the SHFE are expected to swing in a wide range this week, Shanghai Metals Market foresees. 
“A series of macro economy data is going to be released this week, and Shanghai metal prices are expected to be volatile after a crazy week,” SMM says. 

Key Macroeconomic Indicators for Base Metal Prices (2016-11-14)

Copper: 43,800-45,000 yuan per tonne
Aluminum: 13,700-14,000 yuan per tonne
Lead: 16,800-17,000 yuan per tonne
Zinc: 20,400-20,900 yuan per tonne
Tin: 143,000-147,000 yuan per tonne
Nickel: 89,000-92,500 yuan per tonne

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