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SMM Price Outlook for Base Metals on SHFE (Jun. 16, 2017)

iconJun 16, 2017 10:15
Source:SMM
Base metals diverged on Thursday’s night trading, and range-bound trading is expected on Friday.

SHANGHAI, Jun. 16 (SMM) – Base metals diverged on Thursday’s night trading, and range-bound trading is expected on Friday.

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

Product

Price Range

Copper

45,350-45,600

Aluminum

13,450-13,650

Lead

17,100-17,400

Zinc

20,900-21,200

Tin

144,000-146,000

Nickel

72,500-73,700

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-16)

Note: Prices all above are for most-actively traded contract on the SHFE.

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