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

Published: Aug 14, 2017 09:07

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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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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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