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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jun. 28, 2017)

SMM Price Outlook for Base Metals on SHFE (Jun. 28, 2017)

iconJun 28, 2017 09:10
Source:SMM
After the dollar depreciated, base metals finished up across the board on Tuesday’s night trading except tin.

SHANGHAI, Jun. 28 (SMM) – After the dollar depreciated, base metals finished up across the board on Tuesday’s night trading except tin. On Wednesday, eyes should be on changes in US’s two inventory reports.

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

Product

Price Range

Copper

46,600-47,000

Aluminum

13,850-14,000

Lead

17,200-17,500

Zinc

22,290-22,650

Tin

143,000-144,000

Nickel

75,300-76,500

Unit: yuan/tonne

Source: SMM

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

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