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SMM Price Outlook for Base Metals on SHFE (Apr. 18, 2017)

iconApr 18, 2017 09:11
Source:SMM
LME market will reopen on Tuesday, and eyes should be price support at lows on Tuesday, both on the LME and SHFE market.

SHANGHAI, Apr. 18 (SMM) – LME market will reopen on Tuesday, and eyes should be price support at lows on Tuesday, both on the LME and SHFE market.

Key Macroeconomic Indicators for Base Metal Prices (2017-4-18)

Product

Price Range

Copper

46,300-46,800

Aluminum

14,200-14,600

Lead

16,300-16,700

Zinc

21,550-22,000

Tin

142,000-144,000

Nickel

80,500-81,600

Unit: yuan/tonne

Source: SMM

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

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