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SMM Price Outlook for Base Metals on SHFE (Aug. 18, 2017)
Aug 18, 2017 13:13On 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 exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
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