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

iconMar 20, 2017 09:14
Source:SMM
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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