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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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