SMM Price Outlook for Base Metals on SHFE (Apr. 26, 2017)

Published: Apr 26, 2017 09:08

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Base metals largely closed higher in overnight trading, but price resistance could not be neglected.

SHANGHAI, Apr. 26 (SMM) – Base metals largely closed higher in overnight trading, but price resistance could not be neglected.

Key Macroeconomic Indicators for Base Metal Prices (2017-4-26)

Product	Price Range
Copper	45,900-46,250
Aluminum	14,340-14,550
Lead	15,800-16,350
Zinc	21,440-21,800
Tin	136,000-138,500
Nickel	77,200-78,600

Unit: yuan/tonne

Source: SMM

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

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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.

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