SHANGHAI, Dec. 5 (SMM) – Base metal prices on the SHFE are expected to trade in a wide range this week, Shanghai Metals Market predicts.
“This week, Shanghai base metal prices are expected to trade in a wide range, and overall sentiment remains positive,” SMM says.
Copper: 46,200-46,950 yuan per tonne
Aluminum: 17,200-17,500 yuan per tonne
Lead: 19,500-20,000 yuan per tonne
Zinc: 22,100-22,700 yuan per tonne
Tin: 143,000-146,000 yuan per tonne
Nickel: 93,800-96,500 yuan per tonne
Note: Prices all above are for most-actively traded contract on the SHFE.
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