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SMM Price Outlook for Base Metals on SHFE (Jul. 7, 2017)
Jul 7, 2017 09:08Base metals mostly ended up on Thursday’s night trading, and volatile prices are expected to be seen on Friday.
SHANGHAI, Jul. 7 (SMM) – Base metals mostly ended up on Thursday’s night trading, and volatile prices are expected to be seen on Friday.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 3-7, 2017)
|
Product |
Price Range |
|
Copper |
46,700-47,100 |
|
Aluminum |
14,150-14,300 |
|
Lead |
17,500-17,700 |
|
Zinc |
22,650-22,960 |
|
Tin |
143,500-145,000 |
|
Nickel |
74,000-75,200 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-7-7)
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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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