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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
Source: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.

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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