Metals News
SMM Price Outlook for Base Metals on SHFE (Jun. 30, 2017)
smm insight
09:06AM
Jun 30,2017
Source:SMM

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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