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

Published: Aug 16, 2017 09:06

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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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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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