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SMM Price Outlook for Base Metals on SHFE (Aug. 18, 2017)

iconAug 18, 2017 13:13
Source:SMM
On Thursday’s night trading, base metals fell back across the board, but positive fundamentals will support market price.

SHANGHAI, Aug. 18 (SMM) – On Thursday’s night trading, base metals fell back across the board, but positive fundamentals will support market price.

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

Product

Price Range

Copper

50,500-50,950

Aluminum

16,000-16,250

Lead

19,600-20,000

Zinc

25,550-25,950

Tin

143,000-146,000

Nickel

86,200-87,200

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-18)

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