Base Metals to Keep Diverging, SMM Says

Published: Jan 20, 2017 09:08

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Base metal prices are expected to keep diverging on Friday, Shanghai Metals Market foresees.

SHANGHAI, Jan. 20 (SMM) – Base metal prices are expected to keep diverging on Friday, Shanghai Metals Market foresees.

“The US new president is going to take office, and his speech will be closely watched, and Shanghai base metal prices are expected to keep diverging,” SMM says.

Copper: 46100~47000 yuan per tonne
Aluminum: 13300~13450 yuan per tonne
Lead: 18200-18600 yuan per tonne
Zinc: 22300-22600 yuan per tonne
Tin: 144000-147000 yuan per tonne
Nickel: 81000~84000 yuan per tonne

Note: Prices all above are for most-actively traded contract on the SHFE.

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