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

Published: Apr 20, 2017 09:07

Save

Base metals overnight largely closed higher, but the struggles between longs and shorts remain intense. On Thursday, the market expected to show range-bound trading.

SHANGHAI, Apr. 20 (SMM) – Base metals overnight largely closed higher, but the struggles between longs and shorts remain intense. On Thursday, the market expected to show range-bound trading.

Key Macroeconomic Indicators for Base Metal Prices (2017-4-20)

Product	Price Range
Copper	45,300-45,800
Aluminum	14,000-14,350
Lead	15,500-16,350
Zinc	21,000-21,400
Tin	140,000-142,000
Nickel	78,000-80,000

Unit: yuan/tonne

Source: SMM

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

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

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

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

Related News

29 mins ago

Data: SHFE, DCE market movement (Sep 14)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 14 Sep , 2026

29 mins ago

1 hour ago

Copper Prices Remain Low, Secondary Copper Rod Enterprises Purchase Actively [SMM Secondary Copper Daily Review]

1 hour ago

National copper social inventory buildup to 90,300 mt [SMM weekly data]

1 hour ago