SHANGHAI, Jul. 5 (SMM) – Base metals fell at first, and then rallied, with mostly ending lower on Tuesday’s night trading, and prices are expected to trade in current range, with divergence be continuing.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 3-7, 2017)
Product |
Price Range |
Copper |
47,000-47,400 |
Aluminum |
14,050-14,235 |
Lead |
17,650-17,850 |
Zinc |
22,800-23,130 |
Tin |
144,200-145,500 |
Nickel |
74,700-75,900 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-7-5)
Note: Prices all above are for most-actively traded contract on the SHFE.
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