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SMM Price Outlook for Base Metals on SHFE (Aug. 1, 2017)
Aug 1,2017 09:11CST
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Source:SMM
On Monday’s night trading, base metals lacked the rising strength, with LME base metals outperforming SHFE ones.

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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