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SMM Price Outlook for Base Metals on SHFE (Jul. 12, 2017)
Jul 12,2017 09:08CST
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Source:SMM
On Tuesday’s night trading, base metals closed in positive territory except lead and tin after the dollar slid below 96, and the market is expected to be trapped in range-bound trading.

SHANGHAI, Jul. 12 (SMM) – On Tuesday’s night trading, base metals closed in positive territory except lead and tin after the dollar slid below 96, and the market is expected to be trapped in range-bound trading.

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

Product

Price Range

Copper

46900-47400

Aluminum

14150~14320

Lead

17850-18100

Zinc

22930-23350

Tin

144500-146000

Nickel

74700~75900

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-12)

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

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