Home / Metal News / Copper / SMM Price Outlook for Base Metals on LME and SHFE (Mar. 20-24, 2017)
SMM Price Outlook for Base Metals on LME and SHFE (Mar. 20-24, 2017)
Mar 20,2017 14:12CST
smm insightindustry news
Source:SMM
Downstream demand in China is on the way of improving from mid-late March, boosting market confidence.

SHANGHAI, Mar. 20 (SMM) – The US Federal Reserve announced to raise its interest rate by 25 basis points at its March interest rate meeting, meeting market expectations. Downstream demand in China is on the way of improving from mid-late March, boosting market confidence.

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

 

LME 3-M

SHFE 3-M

Spot Premiums/Discounts

Copper

5820~6020

47250~48650

(-250)~(-100)

Aluminum

2870~1930

13600~14200

(-200)~(-160)

Zinc

2800~2900

22800~24000

(-50)~0

Lead

2220~2230

18000~18700

50~(-200)

Tin

19700~20400

144000~148000

143000~146000 (spot price)

Nickel

9900~10400

83000~86500

(-400)~600

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals
base metal prices
base metal price forecast

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news