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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Apr. 27, 2017)

SMM Price Outlook for Base Metals on SHFE (Apr. 27, 2017)

iconApr 27, 2017 09:01
Source:SMM
Base metals are expected to stage range-bound trading on Thursday, with eyes on economic data from China and US, and interest rate meetings in Europe and Japan.

SHANGHAI, Apr. 27 (SMM) – Base metals are expected to stage range-bound trading on Thursday, with eyes on economic data from China and US, and interest rate meetings in Europe and Japan.

Key Macroeconomic Indicators for Base Metal Prices (2017-4-27)

Product

Price Range

Copper

46,150-46,550

Aluminum

14,300-14,500

Lead

16,000-16,500

Zinc

21,620-21,910

Tin

139,500-142,500

Nickel

77,500-78,500

Unit: yuan/tonne

Source: SMM

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

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