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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (May 11, 2017)

SMM Price Outlook for Base Metals on SHFE (May 11, 2017)

May 11, 2017 09:08

Source: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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Jul 20, 2017 09:38

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Apr 18, 2017 09:11

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Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

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On Friday’s afternoon business, SHFE 1705 tin drifted lower amid growing shorts, but finally closed up 920 yuan per tonne or 0.63 percent from the previous trading day.

Apr 7, 2017 16:48

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CME Group reports a record first-quarter Metals ADV of 512,000 contracts

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Apr. 3-7, 2017)

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SMM Price Outlook for Base Metals on SHFE (May 11, 2017)

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