SMM Price Outlook for Base Metals on SHFE (May 12, 2017)

Published: May 12, 2017 09:06

Save

Base metal prices were volatile during overnight trading, and the struggles between shorts and longs are expected to be continuing on Friday.

SHANGHAI, May 12 (SMM) – Base metal prices were volatile during overnight trading, and the struggles between shorts and longs are expected to be continuing on Friday.

Product	Price Range
Copper	44,900-45,300
Aluminum	13,700-13,900
Lead	16,150-16,400
Zinc	21,400-21,770
Tin	141,000-143,000
Nickel	76,200-77,300

Unit: yuan/tonne

Source: SMM

Note: Prices all above are for most-actively traded contract on the SHFE.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals base metal prices base metal price forecast

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 hours ago

Touchi Joins SMM 2026 (3rd) Global Renewable Metals Summit as Banquet Title Sponsor, Shaping Green Future Together

Shanghai Metals Market (SMM) is delighted to announce that Touchi International Corp has officially joined our 2026 (3rd) Global Renewable Metals Industry Summit to be held in Tokyo, Japan, on May 11-12, 2026, as the Banquet Title Sponsor.

12 hours ago

13 hours ago

Domestic Efforts to Improve the Copper Resource Reserve System Construction: Will SHFE Copper Continue to Fluctuate at Highs? [Wenhua Observation]

13 hours ago

The Most-Traded BC Copper Contract Closed Up 3.61%, Spot Supply Tight, Pre-Holiday Demand Weak [SMM BC Copper Review]

13 hours ago