Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / World Bank: Base Metals Prices to Rise 16% in 2017

World Bank: Base Metals Prices to Rise 16% in 2017

Apr 28, 2017 10:35

Source:SMM

World Bank hiked its forecast for base metals prices this year, expecting base metals prices to rise 16%, compared to a 11% increase expected in January.

SHANGHAI, Apr. 28 (SMM) - World Bank hiked its forecast for base metals prices this year, expecting base metals prices to rise 16%, compared to a 11% increase expected in January.

Strong demand, especially from China, and higher disruption rate at metal mines in Chile, Indonesia and Peru, will precipitate supply tightness.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals prices

base metals

World Bank

For queries, please contact William Gu at williamgu@smm.cn

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

LME market will reopen on Tuesday, and eyes should be price support at lows on Tuesday, both on the LME and SHFE market.

Apr 18, 2017 09:11

SMM Insight Industry

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

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

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.

Apr 17, 2017 09:14

SMM Insight Industry

Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

China’s informal financing in March, M2 supply and new RMB loans in March and US March LMCI will be released today. Base metals are expected to consolidate at lows today. Some metals may plunge furthe

Apr 10, 2017 09:51

SMM Comments

Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016.

Apr 5, 2017 09:44

Industry

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Apr. 3-7, 2017)

In the coming week, SHFE will see a shorter trading week for the 2017 Chinese Qingming Festival from Apr. 2-4.

Apr 1, 2017 18:20

SMM Insight Industry

Goldman Sachs Hikes Price Forecast for Base Metals

Goldman Sachs raised its 3-month, 6-month and 12-month forecast for base metals prices on Tuesday, wenhua.com reported.

Nov 16, 2016 17:36

Industry Reminder

Goldman Sachs Hikes Price Forecast for Base Metals

Key Macroeconomic Indicators for Base Metal Prices (2016-9-19)

Eyes will be on September manufacturing PMI from each country and US Fed September rate meeting.

Sep 19, 2016 09:29

SMM Comments

Baltic Dry Index stays above 700 points on Chinese thermal Coal imports

The main sea freight index at Baltic Exchange for ships carrying dry bulk commodities stayed above 700 points.

Aug 29, 2016 08:50

Industry

Metal Theft Remains an Expensive Problem for Insurance Industry

Metal theft became a growing concern post financial crisis due to rising global demand for scrap metal, and although economic conditions have slowed demand recently.

Aug 29, 2016 08:39

Industry

China Base Metal Output Data in July, SMM Exclusive Data

SMM surveys major producers in China’s base metal market every month to get first-hand production data, and the following table shows latest output data for July.

Aug 11, 2016 10:12

Industry

SMM Events & Webinars

All

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  NET ZERO MEA is the premier leadership summit of solar, energy storage, and renewable energy sectors in the Mid-East.
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 New Energy Industry Chain Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

World Bank: Base Metals Prices to Rise 16% in 2017

SMM Events & Webinars

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo

CLNB 2025 New Energy Industry Chain Expo