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