SHANGHAI, Aug. 10 (SMM) – On Wednesday’s night trading, base metals finished mixed, and SHFE copper and aluminum fell back in night trading after surging to nearly 5-year high in daily trading. Price may challenge higher.
SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 7-11, 2017)
Product |
Price Range |
Copper |
50,650-51,100 |
Aluminum |
16,000-16,250 |
Lead |
19,150-19,550 |
Zinc |
24,100-24,600 |
Tin |
146,000-147,500 |
Nickel |
87,350-88,500 |
Unit: yuan/tonne
Source: SMM
Key Macroeconomic Indicators for Base Metal Prices (2017-8-10)
Note: Prices all above are for most-actively traded contract on the SHFE.
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