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

Published: Jun 19, 2017 09:09

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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 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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