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

Published: Jun 30, 2017 09:06

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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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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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