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Home / Metal News / SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)

iconJul 31, 2017 09:51
Source:SMM
Last week, base metals advanced across the board, with copper and nickel leading the gains.

SHANGHAI, Jul. 31 (SMM) – Last week, base metals advanced across the board, with copper and nickel leading the gains. After bigger-than-expected gains, base metals are expected to erase some gains in the coming week, but the overall rising track will remain intact.

Will Rises in Copper Market Come to Halt? SMM Surveys

 

LME 3~M (USD/mt)

SHFE 3~M (RMB/mt)

Copper

6150~6350

48900~50200

Aluminum

1915~1940

14250~14500

Zinc

2740~2840

22800~23500

Lead

2230~2340

17500~18500

Tin

20000~21200

148000~152000

Nickel

9900~10200

80000~82800

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