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

Published: Aug 17, 2017 09:09

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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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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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