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SMM Price Outlook for Base Metals on SHFE (Mar. 9, 2017)

iconMar 9, 2017 09:28
Source:SMM
Base metals overnight were mixed as the dollar strengthened with growing expectations over rate hike, and base metals are expected to stay weak on Thursday.  

SHANGHAI, Mar. 9 (SMM) – Base metals overnight were mixed as the dollar strengthened with growing expectations over rate hike, and base metals are expected to stay weak on Thursday.  

 

Product

Price Range

Copper

47,000-47,500

Aluminum

13,700-13,900

Lead

17,500-18,200

Zinc

21,800-22,200

Tin

141,500-144,000

Nickel

82,500-85,000

Unit: yuan/tonne

Source: SMM

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

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