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SMM Price Outlook for Base Metals on SHFE (Mar. 15, 2017)
Mar 15,2017 09:11CST
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Source:SMM
Base metals mostly closed higher in Thursday’s overnight trading, and on Friday, China’s NPC &CPPCC will come to an end, and Chinese Premier will hold press conference.

SHANGHAI, Mar. 15 (SMM) – Base metals mostly closed higher in Thursday’s overnight trading, and on Friday, China’s NPC &CPPCC will come to an end, and Chinese Premier will hold press conference, which will be closely watched by the market. 

Key Macroeconomic Indicators for Base Metal Prices (2017-3-15)

Product

Price Range

Copper

47,200-47,700

Aluminum

13,550-13,770

Lead

17,850-18,200

Zinc

22,300-22,700

Tin

144,000-146,500

Nickel

84,200-85,600

Unit: yuan/tonne

Source: SMM

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

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