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SMM Price Outlook for Base Metals on SHFE (Jul. 3, 2017)

iconJul 3, 2017 09:14
Source:SMM
Base metals are expected to hover at highs, and the absence of US investors for Independence Day will reduce trading sentiment to some extent.

SHANGHAI, Jul. 3 (SMM) – Base metals are expected to hover at highs, and the absence of US investors for Independence Day will reduce trading sentiment to some extent.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 3-7, 2017)

Product

Price Range

Copper

47400-47800

Aluminum

13900-14070

Lead

17700-17800

Zinc

22600-22800

Tin

144700-146000

Nickel

76200-77200

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-3)

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

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