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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 14, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 14, 2017)

iconAug 14, 2017 09:07
Source:SMM
On last Friday’s night trading, base metals were mixed, and nickel, which suffered a bigger influence from ferrous metals price, underperformed others. Price divergence is expected to be continuing.

SHANGHAI, Aug. 14 (SMM) – On last Friday’s night trading, base metals were mixed, and nickel, which suffered a bigger influence from ferrous metals price, underperformed others. Price divergence is expected to be continuing.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 14-18, 2017)

Product

Price Range

Copper

50,200-50,600

Aluminum

16,000-16,150

Lead

18,900-19,300

Zinc

23,750-24,200

Tin

145,000-147,000

Nickel

86,000-87,500

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-14)

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