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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (May 22, 2017)

SMM Price Outlook for Base Metals on SHFE (May 22, 2017)

iconMay 22, 2017 09:11
Source:SMM
Base metals rallied across the board last Friday’s night trading, and eyes should be on price resistance at highs on Monday.

SHANGHAI, May 22 (SMM) – Base metals rallied across the board last Friday’s night trading, and eyes should be on price resistance at highs on Monday.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-22)

Product

Price Range

Copper

45,500-46,000

Aluminum

14,000-14,200

Lead

15,500-15,800

Zinc

21,800-22,300

Tin

resistance at 148,000

Nickel

77,200-79,000

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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