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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
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)

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

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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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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