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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jul. 20, 2017)

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

iconJul 20, 2017 09:38
Source: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.

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.

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For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

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