SMM Price Outlook for Base Metals on SHFE (Aug. 23, 2017)

Published: Aug 23, 2017 09:07

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On Tuesday’s night trading, base metals remained mixed, and price divergence is expected to be continuing.

SHANGHAI, Aug. 23 (SMM) – On Tuesday’s night trading, base metals remained mixed, and price divergence is expected to be continuing.

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

Product	Price Range
Copper	51,500-52,000
Aluminum	16,100-16,400
Lead	19,600-19,900
Zinc	25,650-26,150
Tin	Test support at 141,000
Nickel	91,300-92,700

Unit: yuan/tonne

Source: SMM

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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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