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

iconJul 10, 2017 09:00
Source: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.

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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