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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 7, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 7, 2017)

iconAug 7, 2017 09:09
On last Friday’s night trading, LME base metals was greatly affected by a rallying dollar, and finally closed mixed. Monday will see a light data calendar. 

SHANGHAI, Aug. 7 (SMM) – On last Friday’s night trading, LME base metals was greatly affected by a rallying dollar, and finally closed mixed. Monday will see a light data calendar. 

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 7-11, 2017)

Product

Price Range

Copper

50,200-50,700

Aluminum

14,730-14,900

Lead

18,550-18,750

Zinc

23,210-23,650

Tin

146,700-148,000

Nickel

84,300-85,400

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-7)

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

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

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