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SMM Price Outlook for Base Metals on SHFE (Jun. 19, 2017)

iconJun 19, 2017 09:09
Source:SMM
Base metals finished mixed on last Friday’s night trading, and price divergence is expected to be continuing on Monday.

SHANGHAI, Jun. 19 (SMM) – Base metals finished mixed on last Friday’s night trading, and price divergence is expected to be continuing on Monday.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jun. 19-23, 2017)

Product

Price Range

Copper

45,400-45,700

Aluminum

13,490-13,670

Lead

17,120-17,350

Zinc

20,950-21,270

Tin

144,000-146,000

Nickel

73,000-74,100

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-19)

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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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