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

iconJul 26, 2017 09:09
Source:SMM
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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