Metals News
SMM Price Outlook for Base Metals on SHFE (Jun. 22, 2017)
smm insight
09:08AM
Jun 22,2017
Source:SMM

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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