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

Published: May 26, 2017 09:16 (GMT+8)

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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.

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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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