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.
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