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

iconMay 15, 2017 09:04
Source:SMM
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.

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