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

iconJul 18, 2017 09:16
Source:SMM
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.

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