SMM Price Outlook for Base Metals on SHFE (May 2, 2017)

Published: May 2, 2017 09:05

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Before May Day holiday, base metals mostly ended higher except aluminum, and those metals are expected to keep diverging on Monday.

SHANGHAI, May 2 (SMM) – Before May Day holiday, base metals mostly ended higher except aluminum, and those metals are expected to keep diverging on Monday.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-2)

Product	Price Range
Copper	46,500-47,200
Aluminum	14,000-14,200
Lead	16,150-16,600
Zinc	21,650-22,000
Tin	140,000-143,000
Nickel	78,800-79,500

Unit: yuan/tonne

Source: SMM

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

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