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SMM Price Outlook for Base Metals on SHFE (May 11, 2017)
May 11,2017 09:08CST
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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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