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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (May 2, 2017)

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

iconMay 2, 2017 09:05
Source:SMM
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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