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

Published: May 23, 2017 09:12

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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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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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