SHANGHAI, Aug. 1 (SMM) – On Monday’s night trading, base metals lacked the rising strength, with LME base metals outperforming SHFE ones. The dollar refreshed a one-year low.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Jul. 31-Aug. 4, 2017)
Product |
Price Range |
Copper |
50,350-50,850 |
Aluminum |
14,380-14,500 |
Lead |
18,200-18,500 |
Zinc |
23,110-23,330 |
Tin |
149,000-150,000 |
Nickel |
82,000-83,200 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-8-1)
Note: Prices all above are for most-actively traded contract on the SHFE.
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