SMM Price Outlook for Base Metals on SHFE (Jun. 8, 2017)

Published: Jun 8, 2017 09:05
Base metals finished mixed on Wednesday’s night trading, and on Thursday, eyes should be on price support at the low.

SHANGHAI, Jun. 8 (SMM) – Base metals finished mixed on Wednesday’s night trading, and on Thursday, eyes should be on price support at the low, and prices will fall further if losing the support.

 

Product

Price Range

Copper

44,950-45,200

Aluminum

13,700-13,850

Lead

16,400-16,600

Zinc

20,300-20,710

Tin

140,000-142,300

Nickel

71,900-73,200

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.

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
SMM Price Outlook for Base Metals on SHFE (Jun. 8, 2017) - Shanghai Metals Market (SMM)