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SMM Price Outlook for Base Metals on SHFE (Jul. 21, 2017)

iconJul 21, 2017 09:10
Source:SMM
On Thursday’s night trading, LME base metals were mixed while SHFE base metals fell across the board, and prices are estimated to remain in corrections on Friday.

SHANGHAI, Jul. 21 (SMM) – On Thursday’s night trading, LME base metals were mixed while SHFE base metals fell across the board, and prices are estimated to remain in corrections on Friday.

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

Product

Price Range

Copper

47,600-47,900

Aluminum

14,330-14,490

Lead

17,200-17,350

Zinc

22,520-22,930

Tin

145,000-146,500

Nickel

77,200-78,500

Unit: yuan/tonne

Source: SMM

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

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