SHANGHAI, Dec. 20 (SMM) – Base metal prices on the SHFE are expected to trade weakly on Tuesday, Shanghai Metals Market predicts.
“Base metals fell across the board in overnight trading, and weak trading is expected to be continuing, despite some corrections,” SMM says.
Key Macroeconomic Indicators for Base Metal Prices (2016-12-20)
Copper: 44,500-45,200 yuan per tonne
Aluminum: 12,500-12,720 yuan per tonne
Lead: 17,000-18,000 yuan per tonne
Zinc: 20,950-21,300 yuan per tonne
Tin: 142,500-145,500 yuan per tonne
Nickel: 90,800-93,400 yuan per tonne
Note: Prices all above are for most-actively traded contract on the SHFE.
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