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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