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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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