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SMM Price Outlook for Base Metals on SHFE (Jul. 7, 2017)

iconJul 7, 2017 09:08
Source:SMM
Base 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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