LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-21)

Published: Aug 21, 2017 11:02
The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 18.

SHANGHAI, Aug. 21 (SMM) – The table below shows cash to 3-month backwardation/contango of base metals on the LME on August 18.

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

 

LME Cash to 3-Month (B/C) USD/mt

 

Aug. 18

Aug. 17

Copper

33.75 (C)

33.75 (C)

Aluminum

9.5 (B)

7.25 (C)

Zinc

7 (C)

9.5 (C)

Lead

25.75 (C)

23.75 (C)

Nickel

51.5 (C)

54.5 (C)

Tin

125 (B)

110 (B)

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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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LME Base Metals Cash to 3-Month Backwardation/Contango (2017-8-21) - Shanghai Metals Market (SMM)