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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Jul. 25, 2017)

SMM Price Outlook for Base Metals on SHFE (Jul. 25, 2017)

iconJul 25, 2017 10:02
Source:SMM
On Monday’s night trading, base metals were split, with nickel outshining, and price divergence is expected to be continuing on Tuesday.

SHANGHAI, Jul. 25 (SMM) – On Monday’s night trading, base metals were split, with nickel outshining, and price divergence is expected to be continuing on Tuesday.

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

Product

Price Range

Copper

47,650-48,050

Aluminum

14,360-14,490

Lead

17,400-17,550

Zinc

22,880-23,120

Tin

145,200-147,000

Nickel

79,500-81,000

Unit: yuan/tonne

Source: SMM

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

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