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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Apr. 17, 2017)

SMM Price Outlook for Base Metals on SHFE (Apr. 17, 2017)

iconApr 17, 2017 09:14
Source:SMM
LME market will remain closed on Monday for the Easter, and base metals, after staging volatile movements last Friday, are expected to keep diverging on Monday.

SHANGHAI, Apr. 17 (SMM) – LME market will remain closed on Monday for the Easter, and base metals, after staging volatile movements last Friday, are expected to keep diverging on Monday, when absence of price direction from LME market.

 Key Macroeconomic Indicators for Base Metal Prices (2017-4-17)   

Product

Price Range

Copper

46,000-46,500

Aluminum

14,150-15,000

Lead

16,300-16,700

Zinc

21,650-22,000

Tin

140,000-142,000

Nickel

80,400-81,800

Unit: yuan/tonne

Source: SMM

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

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