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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.

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