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Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 21, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 21, 2017)

iconAug 21, 2017 09:08
Source:SMM
On Last Friday’s night trading, base metals were mixed, with zinc and nickel outperforming others, and price divergence is expected to be continuing due to market fundamentals.

SHANGHAI, Aug. 21 (SMM) – On Last Friday’s night trading, base metals were mixed, with zinc and nickel outperforming others, and price divergence is expected to be continuing due to market fundamentals.

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Aug. 21-25, 2017)

Product

Price Range

Copper

50,750-51,100

Aluminum

16,100-16,350

Lead

19,400-19,600

Zinc

26,050-26,450

Tin

143,000-146,000

Nickel

88,500-90,200

Unit: yuan/tonne

Source: SMM

Key Macroeconomic Indicators for Base Metal Prices (2017-8-21)

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