SMM Price Outlook for Base Metals on SHFE (Jun. 7, 2017)

Published: Jun 7, 2017 09:09

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Wednesday will see a light calendar day, but struggles between shorts and longs are expected to intensify ahead of Thursday.

SHANGHAI, Jun. 7 (SMM) – Wednesday will see a light calendar day, but struggles between shorts and longs are expected to intensify ahead of Thursday, when a series of major data or news will be released.

Product	Price Range
Copper	44,900-45,200
Aluminum	13,700-13,850
Lead	16,400-16,650
Zinc	21,050-21,300
Tin	142,500-144,500
Nickel	72,600-74,000

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 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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