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

Published: Jun 13, 2017 09:11

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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.

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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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