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SMM Price Outlook for Base Metals on SHFE (Mar. 3, 2017)

iconMar 3, 2017 09:10
Trading sentiment in base metal market is expected to be caution on Friday, and China’s NPC&CPPCC sessions will be opening today, and eyes should be on signals for economic work this year.

SHANGHAI, Mar. 3 (SMM) – Trading sentiment in base metal market is expected to be caution on Friday, and China’s NPC&CPPCC sessions will be opening today, and eyes should be on signals for economic work this year.

 

Product

Price Range

Copper

47,900-48,500

Aluminum

13,850-14,050

Lead

18,000-18,850

Zinc

22,600-23,200

Tin

145,000-148,000

Nickel

89,000-90,500

Unit: yuan/tonne

Source: SMM

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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