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SMM Price Outlook for Base Metals on SHFE (Jul. 20, 2017)

Published: Jul 20, 2017 09:38
On Wednesday’s night trading, the dollar stopped falling, but a weak dollar is expected to be remain, and base metals will keep fluctuating.

SHANGHAI, Jul. 20 (SMM) – On Wednesday’s night trading, the dollar stopped falling, but a weak dollar is expected to be remain, and base metals will keep fluctuating.

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

Product

Price Range

Copper

47,400-47,800

Aluminum

14,350-14,560

Lead

17,200-17,450

Zinc

22,600-22,950

Tin

146,000-147,500

Nickel

78,200-79,800

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-20)

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 metalsbase metal pricesbase 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
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SMM Price Outlook for Base Metals on SHFE (Jul. 20, 2017) - Shanghai Metals Market (SMM)