SMM Price Outlook for Base Metals on SHFE (Mar. 14, 2017)

Published: Mar 14, 2017 09:10 (GMT+8)

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Base metals tried to move higher, but finally fell back from highs for most, a sign of big resistance at highs.

SHANGHAI, Mar. 14 (SMM) – Base metals tried to move higher, but finally fell back from highs for most, a sign of big resistance at highs.

Key Macroeconomic Indicators for Base Metal Prices (2017-3-14)

Product	Price Range
Copper	47,200-47,700
Aluminum	13,680-13,950
Lead	17,850-18,200
Zinc	22,300-22,750
Tin	143,500-146,000
Nickel	84,500-85,500

Unit: yuan/tonne

Source: SMM

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

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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 communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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