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SMM Price Outlook for Base Metals on SHFE (Jun. 27, 2017)

iconJun 27, 2017 10:03
Source:SMM
Base metals fell back on Monday’s night trading except lead, a sign of heavy resistance at high-end. Prices are expected to remain split on Tuesday.  

SHANGHAI, Jun. 27 (SMM) – Base metals fell back on Monday’s night trading except lead, a sign of heavy resistance at high-end. Prices are expected to remain split on Tuesday.  

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jun. 26-30, 2017)

Product

Price Range

Copper

46,350-46,750

Aluminum

13,750-13,870

Lead

17,100-17,300

Zinc

21,890-22,150

Tin

141,000-143,000

Nickel

74,200-75,300

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-27)

Note: Prices all above are for most-actively traded contract on the SHFE.

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