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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 16, 2017)

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

iconJun 16, 2017 10:15
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.

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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