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

iconMar 14, 2017 09:10
Source:SMM
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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