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SMM Price Outlook for Base Metals on SHFE (Jul. 28, 2017)

iconJul 28, 2017 09:12
Source:SMM
On Thursday’s night trading, base metals were mixed, with nickel and tin outperforming, and prices are expected to keep diverging on Friday.

SHANGHAI, Jul. 28 (SMM) – On Thursday’s night trading, base metals were mixed, with nickel and tin outperforming, and prices are expected to keep diverging on Friday.

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

Product

Price Range

Copper

49,950-50,450

Aluminum

14,400-14,530

Lead

18,000-18,250

Zinc

23,000-23,400

Tin

149,000-151,000

Nickel

81,500-83,000

Unit: yuan/tonne

Source: SMM

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

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