Markets News

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / SMM Price Outlook for Base Metals on SHFE (Aug. 24, 2017)

SMM Price Outlook for Base Metals on SHFE (Aug. 24, 2017)

Aug 24, 2017 09:40

Source:SMM

On Wednesday’s night trading, aluminum and nickel led price gains in base metals market, and price divergence is expected to be continuing.

SHANGHAI, Aug. 24 (SMM) – On Wednesday’s night trading, aluminum and nickel led price gains in base metals market, 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	51,400-51,900
Aluminum	16,550-16,850
Lead	19,300-19,600
Zinc	25,710-26,160
Tin	143,000-145,000
Nickel	94,000-95,800

Unit: yuan/tonne

Source: SMM

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

base metals

base metal prices

base metal price forecast

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Base metals were mixed in last Friday’s night trading, and price divergence is expected to be continuing on Monday.

Jun 5, 2017 09:18

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (Jun. 5, 2017)

SMM Price Outlook for Base Metals on SHFE (May 17, 2017)

Base metals rallied after falling in overnight trading, but price resistance remained big. Base metals are expected to keep diverging on Wednesday.

May 17, 2017 09:16

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (May 17, 2017)

SMM Price Outlook for Base Metals on SHFE (May 8, 2017)

Base metals mostly finished higher last Friday’s night trading, but still met resistance at higher prices. The further rising momentum will be small, with price divergence expected among them.

May 8, 2017 09:07

SMM Insight Industry

SMM Price Outlook for Base Metals on SHFE (May 8, 2017)

LME Aluminum to Fluctuate at Highs (2017-4-26)

LME aluminum should move at highs of USD 1,950-1,975/mt today.

Apr 26, 2017 09:40

SMM Comments

LME Aluminum to Fluctuate at Highs (2017-4-26)

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

LME market will reopen on Tuesday, and eyes should be price support at lows on Tuesday, both on the LME and SHFE market.

Apr 18, 2017 09:11

SMM Insight Industry

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

SMM Price Outlook for Base Metals on SHFE (Apr. 17, 2017)

LME market will remain closed on Monday for the Easter, and base metals, after staging volatile movements last Friday, are expected to keep diverging on Monday.

Apr 17, 2017 09:14

SMM Insight Industry

Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

China’s informal financing in March, M2 supply and new RMB loans in March and US March LMCI will be released today. Base metals are expected to consolidate at lows today. Some metals may plunge furthe

Apr 10, 2017 09:51

SMM Comments

Key Macroeconomic Indicators for Base Metal Prices (2017-4-10)

SHFE Tin Become Only One Survivor after Wide-spread Base Metal Declines on Cut News, SMM Reports

On Friday’s afternoon business, SHFE 1705 tin drifted lower amid growing shorts, but finally closed up 920 yuan per tonne or 0.63 percent from the previous trading day.

Apr 7, 2017 16:48

SMM Insight Industry

SHFE Tin Become Only One Survivor after Wide-spread Base Metal Declines on Cut News, SMM Reports

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016.

Apr 5, 2017 09:44

Industry

CME Group reports a record first-quarter Metals ADV of 512,000 contracts

SMM Weekly Price Outlook for Base Metals on LME and SHFE (Apr. 3-7, 2017)

In the coming week, SHFE will see a shorter trading week for the 2017 Chinese Qingming Festival from Apr. 2-4.

Apr 1, 2017 18:20

SMM Insight Industry

SMM Events & Webinars

All

Nov
24
- 2024 SMM Middle East Secondary Metal Field Trip
  Nov 24 - Dec 01,2024
  UAE
Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China

SMM Price Outlook for Base Metals on SHFE (Aug. 24, 2017)

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo