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SMM Price Outlook for Base Metals on SHFE (Jun. 9, 2017)

iconJun 9, 2017 09:06
Source:SMM
Base metals mostly closed up on Thursday’s night trading, but price fallback of some products indicated the resistance to move higher.

SHANGHAI, Jun. 9 (SMM) – Base metals mostly closed up on Thursday’s night trading, but price fallback of some products indicated the resistance to move higher.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-9)

Product

Price Range

Copper

45,600-45,950

Aluminum

13,750-13,880

Lead

16,500-16,750

Zinc

20,850-21,230

Tin

140,000-142,000

Nickel

72,000-73,100

Unit: yuan/tonne

Source: SMM

Note: Prices all above are for most-actively traded contract on the SHFE.

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