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

Published: Aug 18, 2017 13:13

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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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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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