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SMM Price Outlook for Base Metals on SHFE (May 11, 2017)
May 11, 2017 09:08Source:SMM
Base metals staged volatile movement during overnight trading, and the struggles between shorts and longs are expected to remain intense on Thursday.
SHANGHAI, May 11 (SMM) – Base metals staged volatile movement during overnight trading, and the struggles between shorts and longs are expected to remain intense on Thursday.
Key Macroeconomic Indicators for Base Metal Prices (2017-5-11)
|
Product |
Price Range |
|
Copper |
44,700-45,000 |
|
Aluminum |
13,750-14,000 |
|
Lead |
16,100-16,300 |
|
Zinc |
21,480-21,810 |
|
Tin |
140,000-142,000 |
|
Nickel |
75,300-77,000 |
Unit: yuan/tonne
Source: SMM
Note: Prices all above are for most-actively traded contract on the SHFE.
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