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SMM Price Outlook for Base Metals on SHFE (May 23, 2017)

iconMay 23, 2017 09:12
Source:SMM
Base metals finished mixed on Monday’s night trading, and prices are expected to keep diverging on Tuesday.

SHANGHAI, May 23 (SMM) – Base metals finished mixed on Monday’s night trading, and prices are expected to keep diverging on Tuesday.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-23)

Product

Price Range

Copper

45,850-46,100

Aluminum

13,900-14,080

Lead

15,600-15,850

Zinc

22,100-26,400

Tin

144,500-147,500

Nickel

77,700-78,800

Unit: yuan/tonne

Source: SMM

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

Note: Prices all above are for most-actively traded contract on the SHFE.

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