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

iconMay 10, 2017 09:07
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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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