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SMM Price Outlook for Base Metals on SHFE (Mar. 16, 2017)

SMM Insight 09:17AM Mar 16, 2017 Source:SMM

SHANGHAI, Mar. 16 (SMM) – Base metals overnight ended higher except tin, and market will continue digesting US’s rate hike decision.

Key Macroeconomic Indicators for Base Metal Prices (2017-3-16)

Product

Price Range

Copper

47,700-48,100

Aluminum

13,700-13,900

Lead

18,000-18,400

Zinc

22,750-23,250

Tin

145,000-147,200

Nickel

84,500-85,800

Unit: yuan/tonne

Source: SMM

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

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