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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 1, 2017)

SMM Price Outlook for Base Metals on SHFE (Jun. 1, 2017)

iconJun 1, 2017 09:16
Source:SMM
Base metals fell before rallying on Wednesday’s night trading, with shorts on the upper hand. Price volatility is expected to be intense on Thursday. 

SHANGHAI, Jun. 1 (SMM) – Base metals fell before rallying on Wednesday’s night trading, with shorts on the upper hand. Price volatility is expected to be intense on Thursday. 

Key Macroeconomic Indicators for Base Metal Prices (2017-6-1)

Product

Price Range

Copper

45,100-45,600

Aluminum

13,750-13,950

Lead

15,850-16,200

Zinc

21,700-22,100

Tin

142,500-144,500

Nickel

72,700-74,000

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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For queries, please contact Michael Jiang at michaeljiang@smm.cn

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