SMM Price Outlook for Base Metals on SHFE (Jun. 29, 2017)

Published: Jun 29, 2017 09:05

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Base metals mostly ended higher on Wednesday’s night trading. On Thursday, eyes should be on sell-off pressures of some products.

SHANGHAI, Jun. 29 (SMM) – Base metals mostly ended higher on Wednesday’s night trading. On Thursday, eyes should be on sell-off pressures of some products.

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

Product	Price Range
Copper	46,750-47,050
Aluminum	13,900-14,010
Lead	17,550-17,750
Zinc	22,370-22,660
Tin	143,500-145,000
Nickel	75,500-76,700

Unit: yuan/tonne

Source: SMM

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

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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