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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 16, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 16, 2017)

iconAug 16, 2017 09:06
Source:SMM
On Tuesday’s night trading, base metals were mixed, with aluminum, zinc and lead relatively stronger, and price divergence is expected to be continuing.

SHANGHAI, Aug. 16 (SMM) – On Tuesday’s night trading, base metals were mixed, with aluminum, zinc and lead relatively stronger, and 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

49,750-50,100

Aluminum

15,750-16,050

Lead

19,200-19,400

Zinc

23,960-24,530

Tin

143,000-146,000

Nickel

84,000-85,200

Unit: yuan/tonne

Source: SMM

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