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

iconJun 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.

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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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