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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 17, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 17, 2017)

iconAug 17, 2017 09:09
Source:SMM
On Wednesday’s night trading, base metals advanced across the board, especially zinc and lead, and prices are expected to stay highs in the short run.

SHANGHAI, Aug. 17 (SMM) – On Wednesday’s night trading, base metals advanced across the board, especially zinc and lead, and prices are expected to stay highs in the short run.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 14-18, 2017)

Product

Price Range

Copper

51,000-51,500

Aluminum

16,350-16,600

Lead

20,000-20,400

Zinc

25,500-25,975

Tin

143,000-146,000

Nickel

87,000-88,600

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-17)

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