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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