SMM Price Outlook for Base Metals on SHFE (Jul. 18, 2017)

Published: Jul 18, 2017 09:16

Save

On Monday’s night trading, the dollar refreshed a low, but market confidence did not recover, with mixed movements in base metals.

SHANGHAI, Jul. 18 (SMM) – On Monday’s night trading, the dollar refreshed a low, but market confidence did not recover, with mixed movements in base metals.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 17-21, 2017)

Product	Price Range
Copper	47,700-48,100
Aluminum	14,360-14,500
Lead	17,700-17,900
Zinc	23,000-23,400
Tin	143,500-145,850
Nickel	78,500-80,000

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-18)

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

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals base metal prices base metal price forecast

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Easing Geopolitical Risks Boosted Copper Prices, Contango Structure Continued as the Price Spread Narrowed [SMM BC Copper Commentary]

2 hours ago

4 hours ago

Data: SHFE, DCE market movement (Mar 24)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 24 Mar , 2026

4 hours ago

5 hours ago

China First Heavy Industries Achieves Breakthrough with Successful Trial of 3500mm Copper Rolling Mill

China First Heavy Industries has successfully completed the trial rolling of the domestically designed and manufactured 3500mm copper and copper alloy wide and thick plate cold and hot rolling mill, the first of its kind in China, for Chinalco Luoyang Copper Processing Co., Ltd., achieving the goal one month ahead of schedule. This marks a major breakthrough for China in the field of high-end copper and copper alloy wide and thick plate rolling equipment.

5 hours ago