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

iconJun 29, 2017 09:05
Source:SMM
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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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