LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-15)

Published: Aug 16, 2017 13:05

Save

The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 15.

SHANGHAI, Aug. 16 (SMM) – The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 15.

Aluminum Bulls Watch Out: Crazy Speculations Mask Poor Market Fundamentals, SMM Warns

	LME Cash to 3-Month (B/C) USD/mt
	Aug. 15	Aug. 14
Copper	35 (C)	29.5 (C)
Aluminum	5.25 (B)	4.25 (B)
Zinc	13.5 (C)	15.5 (C)
Lead	19.5 (C)	19 (C)
Nickel	51.5 (C)	43 (C)
Tin	150 (B)	160 (B)

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

LME base metals base metal prices base metal price forecast

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 mins ago

Greenway Expands into E-Scrap Recycling to Capture High-Value Metals

Greenway Metal Recycling has expanded to accept electronic scrap, targeting higher-value metals recovery amid rising e-waste volumes and stricter compliance requirements.

12 mins ago

21 mins ago

Filo del Sol Emerges as One of the Largest Undeveloped Copper Deposits

Filo del Sol is emerging as one of the world’s largest undeveloped copper deposits, though environmental and logistical challenges remain.

21 mins ago

12 hours ago

Shaanxi-Henan UHV DC Project, Final in "Three Exchanges Nine Direct," to Be Completed by 2028

On March 31, the National Grid announced that the Shaanxi-Henan ± 800 kV UHV DC project, the final project of the "three exchanges and nine direct" projects in the National "14th Five-Year" plan, with a total investment of 19 billion yuan.It starts in Yulin, Shaanxi, and ends in Kaifeng, Henan, passing through Shaanxi, Shanxi, and Henan provinces. The total length of the line is 728 kilometers, the transmission capacity is 8 million kilowatts, and it is planned to be completed and put into operation in 2028.

12 hours ago