Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Price Divergence to Continue in Base Metals, SMM Says

Price Divergence to Continue in Base Metals, SMM Says

Jan 23, 2017 09:12

Source:SMM

Base metal prices on the SHFE are expected to continue diverging on Monday, Shanghai Metals Market predicts.

SHANGHAI, Jan. 23 (SMM) – Base metal prices on the SHFE are expected to continue diverging on Monday, Shanghai Metals Market predicts.

“Trading sentiment in China’s domestic market is expected to low as investors gradually leave for the upcoming 2017 Chinese New Year holiday, and price divergence is expected to be continuing,” SMM says.

Copper: 46,100-46,850 yuan per tonne
Aluminum: 13,590-13,990 yuan per tonne
Lead: 18,200-18,600 yuan per tonne
Zinc: 22,350-22,650 yuan per tonne
Tin: 145,000-147,000 yuan per tonne
Nickel: 81,000-83,000 yuan per tonne

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

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals

base metal prices

base metal price forecast

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-24)

The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 24.

time

Aug 25, 2017 16:59

LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-24)

Key Macroeconomic Indicators for Base Metal Prices (2017-8-24)

n Thursday, eyes should be on UK’s 2Q GDP after being revised, US initial jobless claims and existing home sales for July.

time

Aug 24, 2017 11:53

Key Macroeconomic Indicators for Base Metal Prices (2017-8-24)

SHFE Zinc to Meet Resistance to Lurch Higher (2017-8-24)

LME zinc market has slid below the 5-day moving average, and investors are advised to take cautious attitude due to US economy uncertainties and the upcoming global central bank annual meeting.

time

Aug 24, 2017 10:04

SHFE Zinc to Meet Resistance to Lurch Higher (2017-8-24)

SHFE Aluminum to Challenge New Highs (2017-8-24)

On Thursday, LME aluminum is estimated to trade widely between USD 2,085-2,120/mt, and SHFE aluminum may challenge new highs, with price between RMB 16,550-16,850/mt.

time

Aug 24, 2017 09:51

SHFE Aluminum to Challenge New Highs (2017-8-24)

LME Tin to Lack Upward Momentum (2017-8-23)

LME tin should test resistance at USD 20,900/mt today and support at USD 20,000/mt.

time

Aug 23, 2017 09:36

LME Tin to Lack Upward Momentum (2017-8-23)

LME Aluminum to Fall on Growing Stocks (2017-8-23)

LME aluminum will fall to USD 2,060-2,090/mt today since LME aluminum stocks are beginning to rise.

time

Aug 23, 2017 09:32

LME Aluminum to Fall on Growing Stocks (2017-8-23)

SHFE Base Metals Inventories (2017-8-18)

The table below shows inventories of base metals on the SHFE on August 18.

time

Aug 18, 2017 15:48

SHFE Base Metals Inventories (2017-8-18)

SHFE Base Metals Warrants (2017-8-18)

The table below shows warrants of base metals on the SHFE on August 18.

time

Aug 18, 2017 15:41

SHFE Base Metals Warrants (2017-8-18)

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 14-18, 2017)

This week, base metals are expected to stage price corrections, and shorts may enter.

time

Aug 14, 2017 09:46

SMM Insight Industry

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 14-18, 2017)

Breaking News: Rebar and Base Metals to Take a Hit if Trade Financing Halt Rumor at SOEs Proves True, SMM Says

Rumor has it the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) held a meeting on August 7 and required all state-owned steel companies to suspend trade fina

time

Aug 8, 2017 11:20

SMM Insight Industry

Breaking News: Rebar and Base Metals to Take a Hit if Trade Financing Halt Rumor at SOEs Proves True, SMM Says

SMM Events & Webinars

Oct
16
- 2024 （13TH）SMM METAL INDUSTRY ANNUAL CONFERENCE
  Oct 16 - 18,2024
  Xining, Qinghai, China
Oct
24
- 2024 GLOBAL BATTERY RECYCLING CONFERENCE
  Oct 24 - 25,2024
  Batteries, as key energy storage devices, are gradually becoming an indispensable part of daily life.
  To Be Determined
Oct
29
- APAC TIN INDUSTRY CONFERENCE 2024
  Oct 29 - 30,2024
  Shenzhen·Guangdong·China

MOST POPULAR

1.NEV Magnet Wire Industry Opportunity Discovery

2.Copper Substitution Market Study-Consumer Durables

3.Copper Substitution Market Study-Construction

4.Copper Substitution Market Study-Power Distribution

5.Copper Substitution Market Study-Power Transmission

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.