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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (May 12, 2017)

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

iconMay 12, 2017 09:06
Source:SMM
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.

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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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

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