SMM Price Outlook for Base Metals on SHFE (Jul. 10, 2017)

Published: Jul 10, 2017 09:00

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Base metals mostly finished lower on Last Friday’s night trading, except lead and zinc, and price divergence is expected to be continuing on Monday.

SHANGHAI, Jul. 10 (SMM) – Base metals mostly finished lower on Last Friday’s night trading, except lead and zinc, and price divergence is expected to be continuing on Monday.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 10-14, 2017)

Product	Price Range
Copper	46,600-46,900
Aluminum	14,100-14,250
Lead	17,700-17,850
Zinc	22,650-22,960
Tin	142,000-144,000
Nickel	73,000-74,200

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-10)

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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