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.
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