Home / Metal News / Copper / SMM Price Outlook for Base Metals on SHFE (May 16, 2017)
SMM Price Outlook for Base Metals on SHFE (May 16, 2017)
May 16,2017 09:19CST
smm insightindustry news
Source:SMM
Base metals mostly finished higher in overnight trading, and with significant price divergence.

SHANGHAI, May 16 (SMM) – Base metals mostly finished higher in overnight trading, and with significant price divergence. Technically, price resistance at the upper hand will be strong.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-16)

Product

Price Range

Copper

45,200-45,600

Aluminum

13,900-14,100

Lead

15,550-15,900

Zinc

21,500-21,800

Tin

140,000-143,000

Nickel

76,100-77,300

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.

base metals
base metal prices
base metal price forecast

For queries, please contact Frank LIU at liuxiaolei@smm.cn

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

Related news