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SMM Price Outlook for Base Metals on SHFE (Feb. 27, 2017)
Feb 27,2017 09:07CST
Source:SMM
Base metals on Friday’s night trading advanced across the board, but met big resistance at the upper hand. On Monday, the US will announce a series of economic data, with positive results expected.

SHANGHAI, Feb. 27 (SMM) –Base metals on Friday’s night trading advanced across the board, but met big resistance at the upper hand. On Monday, the US will announce a series of economic data, with positive results expected.

Key Macroeconomic Indicators for Base Metal Prices (2017-2-27)

Product

Price Range

Copper

47,700-48,300

Aluminum

13,700-13,950

Lead

18,000-19,000

Zinc

23,200-23,300

Tin

145,000-147,000

Nickel

90,000-91,000

Unit: yuan/tonne

Source: SMM

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

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