SMM Price Outlook for Base Metals on SHFE (Jun. 14, 2017)-Shanghai Metals Market

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SMM Price Outlook for Base Metals on SHFE (Jun. 14, 2017)

SMM Insight 09:02:21AM Jun 14, 2017 Source:SMM

SHANGHAI, Jun. 14 (SMM) – Base metals advanced after falling initially on Tuesday’s night trading, and the market may see rising momentum on Wednesday’s trading, but price resistance at upper hand or previous high may curb the rising strength.

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

Product

Price Range

Copper

45,600-45,850

Aluminum

13,600-13,770

Lead

16,800-16,950

Zinc

20,550-21,000

Tin

143,500-146,000

Nickel

71,500-73,000

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-14)

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.

SMM Price Outlook for Base Metals on SHFE (Jun. 14, 2017)

SMM Insight 09:02:21AM Jun 14, 2017 Source:SMM

SHANGHAI, Jun. 14 (SMM) – Base metals advanced after falling initially on Tuesday’s night trading, and the market may see rising momentum on Wednesday’s trading, but price resistance at upper hand or previous high may curb the rising strength.

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

Product

Price Range

Copper

45,600-45,850

Aluminum

13,600-13,770

Lead

16,800-16,950

Zinc

20,550-21,000

Tin

143,500-146,000

Nickel

71,500-73,000

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-14)

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.