SMM Price Outlook for Base Metals on SHFE (May 10, 2017)

Published: May 10, 2017 09:07

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Base metals closed mixed in overnight trading, and on Wednesday, the market is expected to keep diverging.

SHANGHAI, May 10 (SMM) – Base metals closed mixed in overnight trading, and on Wednesday, the market is expected to keep diverging.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-10)

Product	Price Range
Copper	44,800-45,150
Aluminum	13,700-13,900
Lead	15,950-16,250
Zinc	21,600-21,900
Tin	141,000-143,000
Nickel	76,200-77,600

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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