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SMM Price Outlook for Base Metals on SHFE (Mar. 7, 2017)
Mar 7, 2017 09:12
CSTSource:SMM
Tuesday will be a light calendar day, and in overnight trading, all base metals, excluding nickel, dropped to a recent low, and some markets will likely see price rallies on Tuesday.
SHANGHAI, Mar. 7 (SMM) – Tuesday will be a light calendar day, and in overnight trading, all base metals, excluding nickel, dropped to a recent low, and some markets will likely see price rallies on Tuesday.
Key Macroeconomic Indicators for Base Metal Prices (2017-3-7)
|
Product |
Price Range |
|
Copper |
47,350-47,800 |
|
Aluminum |
13,750-14,000 |
|
Lead |
17,800-18,450 |
|
Zinc |
22,300-22,700 |
|
Tin |
144,000-146,000 |
|
Nickel |
90,800-92,200 |
Unit: yuan/tonne
Source: SMM
Note: Prices all above are for most-actively traded contract on the SHFE.
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