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

Published: Jun 05, 2017 09:18 (GMT+8)

Save

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.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals base metal prices base metal price forecast

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.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

4 mins ago

Data: SHFE, DCE market movement (Sep 29)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 29 Sep , 2026

4 mins ago

1 hour ago

[SMM Analysis] The U.S. Copper Tariff Trade Is Fading — but It Isn’t Over Yet

[SMM Analysis] No U.S. refined copper tariff announcement emerged by midday on September 29, but policy risk remains. As the COMEX-LME spread narrowed, near-term arbitrage and the U.S. pull weakened. Yet COMEX stocks have risen from 320,000 to nearly 770,000 short tons, while China’s social inventories fell to 78,300 mt and SMM #1 cathode premiums approached $205/mt (RMB 1,400/mt). Could tariff uncertainty revive the longer-term U.S. pull?

1 hour ago

Copper Prices Rise Before the Holiday, Suppressing Stockpiling Sentiment at Secondary Copper Rod Enterprises [SMM Secondary Copper Daily Review]

1 hour ago