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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 11, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 11, 2017)

iconAug 11, 2017 09:11
On Thursday’s night trading, base metals got a boost from rising prices of ferrous metals, especially nickel, and with big price divergence.

SHANGHAI, Aug. 11 (SMM) – On Thursday’s night trading, base metals got a boost from rising prices of ferrous metals, especially nickel, and with big price divergence.

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

Product

Price Range

Copper

50,050-50,550

Aluminum

16,000-16,250

Lead

19,000-19,350

Zinc

23,970-24,430

Tin

146,000-147,600

Nickel

88,000-89,500

Unit: yuan/tonne

Source: SMM

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

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Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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