SMM Weekly Price Outlook for Base Metals on LME and SHFE (May 22-26, 2017)

May 22, 2017 14:00

Last week, base metals advanced at first, but then fell back. What's price outlook for this week?

SHANGHAI, May 22 (SMM) – Last week, base metals advanced at first, but then fell back. Precious metals got a boost after the commodity’s appeal as a haven grew following Trump’s biggest crisis of his presidency. Base metals are expected to swing in a wide range this week.

	LME 3-M (USD/mt)	SHFE 3-M (RMB/mt)
Copper	5,485-5,635	44,500-45,650
Aluminum	1,885-1,930	13,800-14,100
Zinc	2,490-2,590	21,000-21,600
Lead	2,020-2,090	15,000-15,500
Tin	19,900-20,600	141,500-146,000
Nickel	8,950-9,250	74,700-77,000

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (May 22-26, 2017)

SMM Events & Webinars

2025 SMM India Session: Li-battery & PV Market Insights

Li-ion Battery Europe 2025

NET ZERO EUROPE - Solar & Energy Storage Summit