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

Published: Jul 11, 2017 09:14

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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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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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