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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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