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SMM Price Outlook for Base Metals on SHFE (Mar. 30, 2017)
Mar 30,2017 09:15CST
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Source:SMM
Base metals, after some advanced above the key resistance level overnight, are expected to diverge on Thursday due to technical resistance.  

SHANGHAI, Mar. 30 (SMM) – Base metals, after some advanced above the key resistance level overnight, are expected to diverge on Thursday due to technical resistance.  

Key Macroeconomic Indicators for Base Metal Prices (2017-3-30)

Product

Price Range

Copper

47,400-47,800

Aluminum

13,700-13,940

Lead

17,350-17,950

Zinc

23,300-23,700

Tin

142,000-145,000

Nickel

82,500-85,000

Unit: yuan/tonne

Source: SMM

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

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