SMM Price Outlook for Base Metals on SHFE (Mar. 20, 2017)

Published: Mar 20, 2017 09:14

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Base metals in overnight trading last Friday got support from a low dollar, and caution should be paid to sell-offs.

SHANGHAI, Mar. 20 (SMM) – Base metals in overnight trading last Friday got support from a low dollar, and caution should be paid to sell-offs.

Key Macroeconomic Indicators for Base Metal Prices (2017-3-20)

Product	Price Range
Copper	47,800-48,300
Aluminum	13,650-14,000
Lead	18,350-18,700
Zinc	23,500-23,900
Tin	146,500-148,000
Nickel	84,000-85,600

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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