SMM Price Outlook for Base Metals on SHFE (May 15, 2017)

Published: May 15, 2017 09:04

Save

Base metals kept diverging in Friday’s night trading, and the trend is expected to be continuing on Monday.

SHANGHAI, May 15 (SMM) – Base metals kept diverging in Friday’s night trading, and the trend is expected to be continuing on Monday.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-15)

Product	Price Range
Copper	45,000-45,400
Aluminum	13,800-14,000
Lead	15,800-16,050
Zinc	21,290-21,650
Tin	140,000-143,000
Nickel	76,700-78,100

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

11 hours ago

Copper Futures Warrants Flow Out, Spot Premiums Rebound Amid Destocking

[SMM Copper Bulletin] According to the SHFE daily copper warrant report, copper futures warrants continued to flow out by 8,368 mt during the day, with the most significant outflows in Shanghai at 3,640 mt, followed by Guangdong at 2,926 mt and Jiangsu at 1,902 mt. As social inventories continued destocking, spot premiums in various regions basically stopped falling and rebounded.

11 hours ago

13 hours ago

Data: SHFE, DCE market movement (Apr 01)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Apr , 2026

13 hours ago

14 hours ago

The Most-Traded BC Copper Contract Closed Up 1.68%, Easing Conflict Boosted Copper Prices [SMM BC Copper Commentary]

14 hours ago