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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 23, 2017)

SMM Price Outlook for Base Metals on SHFE (Jun. 23, 2017)

iconJun 23, 2017 09:06
Source:SMM
Base metals came under price resistance despite of finishing higher for most of products on Thursday’s night trading.

SHANGHAI, Jun. 23 (SMM) – Base metals came under price resistance despite of finishing higher for most of products on Thursday’s night trading. Prices are expected to remain split on Friday.

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

Product

Price Range

Copper

45,800-46,150

Aluminum

13,700-13,900

Lead

17,600-17,850

Zinc

21,900-22,330

Tin

143,000-145,000

Nickel

74,300-75,500

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-23)

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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For queries, please contact Michael Jiang at michaeljiang@smm.cn

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