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SMM Price Outlook for Base Metals on SHFE (Mar. 14, 2017)
Mar 14,2017 09:10
CSTsmm insightindustry news
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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