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SMM Price Outlook for Base Metals on SHFE (Jun. 30, 2017)

iconJun 30, 2017 09:06
Source:SMM
Base metals fell back at the tail of trading on Thursday’s night trading, despite that most of products finished higher.

SHANGHAI, Jun. 30 (SMM) – Base metals fell back at the tail of trading on Thursday’s night trading, despite that most of products finished higher. On Friday, price divergence is likely to grow further.

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

Product

Price Range

Copper

47,100-47,500

Aluminum

13,935-14,050

Lead

17,750-17,900

Zinc

22,460-22,800

Tin

145,000-146,000

Nickel

75,900-77,000

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-6-30)

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

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