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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 21, 2017)

SMM Price Outlook for Base Metals on SHFE (Jun. 21, 2017)

iconJun 21, 2017 09:13
Base metals fell back after rising first on Tuesday’s night trading, a sign of lack of further rising strength, and price divergence is expected to be continuing on Wednesday.

SHANGHAI, Jun. 21 (SMM) – Base metals fell back after rising first on Tuesday’s night trading, a sign of lack of further rising strength, and price divergence is expected to be continuing on Wednesday.

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

Product

Price Range

Copper

45,200-45,600

Aluminum

13,850-14,000

Lead

17,450-17,700

Zinc

21,150-21,500

Tin

142,500-144,000

Nickel

72,900-74,100

Unit: yuan/tonne

Source: SMM

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

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