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SMM Price Outlook for Base Metals on SHFE (Jul. 27, 2017)
Jul 27,2017 09:07CST
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Source:SMM
On Wednesday’s night trading, the rising momentum in base metal market waned, with mixed price movement reported.

SHANGHAI, Jul. 27 (SMM) – On Wednesday’s night trading, the rising momentum in base metal market waned, with mixed price movement reported. Price fallback is expected to be seen after sharp rallies.

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

Product

Price Range

Copper

50,000-50,500

Aluminum

14,400-14,560

Lead

17,900-18,050

Zinc

23,090-23,340

Tin

147,500-148,500

Nickel

80,500-82,300

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-7-27)

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

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