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

Published: Aug 24, 2017 09:40

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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

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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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