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SMM Price Outlook for Base Metals on SHFE (Jun. 5, 2017)

iconJun 5, 2017 09:18
Source:SMM
Base metals were mixed in last Friday’s night trading, and price divergence is expected to be continuing on Monday.

SHANGHAI, Jun. 5 (SMM) – Base metals were mixed in last Friday’s night trading, and price divergence is expected to be continuing on Monday.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-5)

Product

Price Range

Copper

45,100-45,500

Aluminum

13,770-13,920

Lead

16,050-16,450

Zinc

21,530-21,850

Tin

142,000-144,000

Nickel

72,500-73,700

Unit: yuan/tonne

Source: SMM

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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