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

Published: Jul 3, 2017 09:14

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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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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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