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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 8, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 8, 2017)

iconAug 8, 2017 09:04
Source:SMM
On Monday’s night trading, base metals finished in positive territory with rising prices of ferrous metals, and aluminum led the gains, and the rising room is still available.

SHANGHAI, Aug. 8 (SMM) – On Monday’s night trading, base metals finished in positive territory with rising prices of ferrous metals, and aluminum led the gains, and the rising room is still available.

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

Product

Price Range

Copper

50,600-51,000

Aluminum

15,350-15,530

Lead

19,000-19,200

Zinc

23,540-24,100

Tin

147,000-149,000

Nickel

84,600-85,600

Unit: yuan/tonne

Source: SMM

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

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