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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