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

Published: May 12, 2017 09:06

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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.

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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 communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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