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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 12, 2017)

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

iconJun 12, 2017 09:05
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.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

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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.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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