SMM Price Outlook for Base Metals on SHFE (Jun. 22, 2017)

Published: Jun 22, 2017 09:08

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Base metals got boost from rising prices of ferrous metals on Wednesday’s night trading, with most finishing higher.

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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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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