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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jul. 24, 2017)

SMM Price Outlook for Base Metals on SHFE (Jul. 24, 2017)

iconJul 24, 2017 09:18
Source:SMM
On Last Friday’s night trading, SHFE base metals were mixed while LME base metals finished in the positive territory despite across-the-board fallback.

SHANGHAI, Jul. 24 (SMM) – On Last Friday’s night trading, SHFE base metals were mixed while LME base metals finished in the positive territory despite across-the-board fallback, and prices are estimated to keep diverging on Monday.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 24-28, 2017)

Product

Price Range

Copper

47,600-48,200

Aluminum

14,350-14,500

Lead

17,400-17,500

Zinc

22,640-22,030

Tin

145,000-146,500

Nickel

77,500-78,800

Unit: yuan/tonne

Source: SMM

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

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