SHANGHAI, Jun. 22 (SMM) – Base metals got boost from rising prices of ferrous metals on Wednesday’s night trading, with most finishing higher. The rising momentum will be limited for most of products on Thursday.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jun. 19-23, 2017)
Product |
Price Range |
Copper |
45,800-46,200 |
Aluminum |
13,810-13,980 |
Lead |
17,600-17,800 |
Zinc |
21,610-22,160 |
Tin |
142,800-144,000 |
Nickel |
73,700-74,900 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-6-22)
Note: Prices all above are for most-actively traded contract on the SHFE.
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