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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Mar. 10, 2017)

SMM Price Outlook for Base Metals on SHFE (Mar. 10, 2017)

iconMar 10, 2017 09:18
Source:SMM
Overnight, base metals largely closed lower, and on Friday, the reading of US nonfarm payrolls for February will be closely watched.

SHANGHAI, Mar. 10 (SMM) – Overnight, base metals largely closed lower, and on Friday, the reading of US nonfarm payrolls for February will be closely watched.

Key Macroeconomic Indicators for Base Metal Prices (2017-3-10)

Product

Price Range

Copper

46,000-46,500

Aluminum

13,550-13,850

Lead

17,500-18,200

Zinc

21,650-21,950

Tin

140,000-143,000

Nickel

83,600-85,200

Unit: yuan/tonne

Source: SMM

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

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