SMM Price Outlook for Base Metals on SHFE (Jul. 26, 2017)

Published: Jul 26, 2017 09:09

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On Tuesday’s night trading, base metals extended gains seen in daily trading hours, with copper outshining.

SHANGHAI, Jul. 26 (SMM) – On Tuesday’s night trading, base metals extended gains seen in daily trading hours, with copper outshining. The rising strength is estimated to be continuing on Wednesday.

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

Product	Price Range
Copper	49,300-49,800
Aluminum	14,530-14,680
Lead	17,650-17,850
Zinc	23,200-23,600
Tin	146,500-148,000
Nickel	80,800-82,500

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-26)

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

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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.

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