SMM Price Outlook for Base Metals on SHFE (Jun. 12, 2017)

Published: Jun 12, 2017 09:05

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Base metals mostly finished higher on last Friday’s night trading, and Monday will see a light calendar day, and prices are expected to keep diverging.

SHANGHAI, Jun. 12 (SMM) – Base metals mostly finished higher on last Friday’s night trading, and Monday will see a light calendar day, and prices are expected to keep diverging.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-12)

Product	Price Range
Copper	46,200-46,700
Aluminum	13,750-13,900
Lead	16,730-17,050
Zinc	21,300-21,630
Tin	141,000-142,500
Nickel	73,000-74,200

Unit: yuan/tonne

Source: SMM

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jun. 12-16, 2017)

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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