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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (May 26, 2017)

SMM Price Outlook for Base Metals on SHFE (May 26, 2017)

iconMay 26, 2017 09:16
On Thursday’s night trading, base metals kept diverging, with big price volatility during the trading.

SHANGHAI, May 26 (SMM) – On Thursday’s night trading, base metals kept diverging, with big price volatility during the trading. Such trading pattern is expected to be continuing on Friday.

Key Macroeconomic Indicators for Base Metal Prices (2017-5-26)

Product

Price Range

Copper

45,800-46,150

Aluminum

14,000-14,170

Lead

15,800-16,000

Zinc

22,000-22,400

Tin

144,000-146,500

Nickel

74,800-76,000

Unit: yuan/tonne

Source: SMM

SMM Weekly Price Outlook for Base Metals on LME and SHFE (May 29-Jun. 2, 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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