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

iconAug 11, 2017 09:11
Source:SMM
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

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