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

iconAug 7, 2017 10:13
Source: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.

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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