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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jul. 11, 2017)

SMM Price Outlook for Base Metals on SHFE (Jul. 11, 2017)

iconJul 11, 2017 09:14
Source:SMM
On Monday’s night trading, the dollar fell back from highs, and base metals diverged, and price divergence is expected to be continuing on Tuesday.

SHANGHAI, Jul. 11 (SMM) – On Monday’s night trading, the dollar fell back from highs, and base metals diverged, and price divergence is expected to be continuing on Tuesday.

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

Product

Price Range

Copper

46,600-47,000

Aluminum

14,000-14,150

Lead

17,550-17,800

Zinc

22,560-22,940

Tin

143,000-144,600

Nickel

73,300-74,500

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-11)

Note: Prices all above are for most-actively traded contract on the SHFE.

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