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

Published: Aug 11, 2017 09:11

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

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