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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (May 23, 2017)

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

iconMay 23, 2017 09:12
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.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

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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 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

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