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

Published: Aug 7, 2017 10:13

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Last week, base metals stayed on the rising track after brief corrections, with price gains varying one from another. Market sentiment remains positive in base metals market.

SHANGHAI, Aug. 7 (SMM) – Last week, base metals stayed on the rising track after brief corrections, with price gains varying one from another. Market sentiment remains positive in base metals market.

	LME 3-M (USD/mt)	SHFE 3-M (RMB/mt)
Copper	6260~6400	49650~50500
Aluminum	1900~1930	14550~14950
Zinc	2780~2850	23000~23800
Lead	2300~2400	18250~18800
Tin	20200~20900	146500~151500
Nickel	10200~10550	83500~86000

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