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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 13, 2017)

SMM Price Outlook for Base Metals on SHFE (Jun. 13, 2017)

iconJun 13, 2017 09:11
Base metals ended lower on Monday’s night trading across the board, and eyes should be on price support at the low-end on Tuesday.

SHANGHAI, Jun. 13 (SMM) – Base metals ended lower on Monday’s night trading across the board, and eyes should be on price support at the low-end on Tuesday.

Key Macroeconomic Indicators for Base Metal Prices (2017-6-13)

Product

Price Range

Copper

45,900-46,250

Aluminum

13,620-13,770

Lead

16,800-17,200

Zinc

20,860-21,300

Tin

139,000-141,000

Nickel

71,800-73,000

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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