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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
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)

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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